Mining costs changes

[benjamen]

I was reading an article about a few silver mining companies here:
http://www.silverdoctors.com/silver-miners-hecla-coeur-d-alene-losses-costs-go-viral/#more-11228

First, the companies are seeing less ounces per ton of earth (which I have seen for most every mining company).
Second, their production costs (fuel price driven?) are increasing dramatically.

If silver stays range bound for even a year or two, what are these mining companies going to do?

 

[rblong2us]

Their best strategy is to minimise production or mothball and wait ............

we only have to do the latter, cos ours is already mined (-:

 

[Unobtanium]

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[ancona]

If silver stays rangebound over time due to suppression by paper, and mining companies can no longer profitably mine product, paper and physical will necessarily disconnect. Period.