US silver production fell 14% in May

[pmbug]

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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http://www.mineweb.co.za/mineweb/view/mineweb/en/page32?oid=157430&sn=Detail&pid=102055

 

[Unobtanium]

And also in a related potential production issue:

Platinum Rises As Fears Grow Of Spreading South African Strikes

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