US silver production declines 30% y/y in October

US Silver production declined to 81.4 thousand kilograms in October, a decrease of 30% as compared to October 2010. On a monthly basis, production declined 7% compared to September 2011, The Institute U.S. Geological Survey (USGS) said in a briefing. According to Silver Institute, USA is the seventh largest silver producer in the world. The country produced 38.6 million ounces of silver in 2010. The largest U.S. silver mine, located in Alaska, is also the eighth largest silver mine in the world. The mine represents 17% of the Silver from the U.S. and also produces Zinc and lead.

Link...