US silver production fell 14% in May

The U.S. Geological Survey reported Tuesday that U.S. silver production dropped 14% in May.

U.S. mines produced 84,900 kilograms of silver (2,729,600 troy ounces) in May 2012, a 14% drop from the 99,300 kg (3,192,570 ounces) of silver output reported during May 2011. The average daily production rate in May of this year was 2,740 kg (88,903 oz.).
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Platinum Rises As Fears Grow Of Spreading South African Strikes
By Laura Clarke and Devon Maylie
Published August 22, 2012
Dow Jones Newswires
http://www.foxbusiness.com/news/201...s-fears-grow-spreading-south-african-strikes/

Platinum prices rose to their highest level in four months Wednesday as spreading labor unrest in South Africa raised the possibility that a further 40% of world production of the metal could be affected by a dispute that has already shut down significant output.......

Read more: http://www.foxbusiness.com/news/201...preading-south-african-strikes/#ixzz24JkQE6P4

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