Sunday, April 19th 12:36 PM

McEwen Mining has produced 24,696 ounces of gold during the first quarter of 2015, a year-on-year rise of 23%, while silver production declined 10% year-on-year…..Continue

Turkey's Silver imports jump to 54.6 tons in March; Gold falls to 1.87 tons

  • Imports of Gold into Turkey totalled 1.87 tons in March this year, according to data from the Turkish bourse, declined by 10.46% from 2.09 tons in February and down 7.23% from 2.02 tons in the same month last year.

Mexico Silver output rises 5.9% Y/Y in Jan: INEGI

  • Mexico, the world's largest producer of silver, has produced 184 million ounces of white metal in 2014, down from a record production of 186 million ounces in 2013.

Peruvian Gold, Silver production advance y/y during February: MEM

  • Peruvian gold and silver production advanced year-on-year during February. Most of the yellow metal production came from the Yanacocha mine of Newmont Mining of Colorado and the Canadian company Barrick Misquichilca.

LBMA reports a sharp decline in Gold, Silver trading during February

  • London Bullion Market Association has announced a sharp decline in its gold and silver trading activities during February.

US Silver Jewellery sales advance during 2014

  • The survey affirmed that silver jewellery has become an increasingly important category for many jewellers for the past several years, both in driving sales and providing margin.

Silver Wheaton declares dividend payment for Q1 2015

  • Silver Wheaton has declared its first quarterly cash dividend payment for 2015 of $0.05 per common share. The first quarterly cash dividend of US$0.05 will be paid to holders of record of Silver Wheaton common shares as of the close of business on March 31, 2015, and will be distributed on or about April 14, 2015.

India reduces import tariff value on Gold, Silver

  • Indian government has trimmed its import tariff value of gold from $393 per ten grams to $ 375 per 10 grams and silver from $ 549 per kilo gram to $ 512 per kilo gram, said the ministry of finance.

Strong demand drives Indian Sliver imports to record highs in 2014

  • Indian silver imports hit another record high during last year as the yellow metal usually keeps its sheen even when gold prices drop.

The pricing anamoly and how soon Gold:Silver ratio may fall to 20

  • Over time, the ratio should trend downwards as all of the gold ever mined is still in existence and most of the silver gets used up in industrial applications and is not economically recoverable.
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