Surging Silver Mining Cost Now Impacting Market Price
By the SRSroccoReport,
The cost to produce silver by the leading primary mining companies hit a new record high in Q2 2024. Even the second largest silver producer in the world, Copper Miner, KGHM Polska Miedz reported a dismal 6% profit margin. And, without the near $600 million in silver revenues, as a by-product of copper mining, KGHM Polska Miedz would have suffered a loss.
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