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Friday
Jun132014

2013 Silver Top 10: The Producers

The list of the 2013 top producing silver companies has been released by the Silver Institute. Representing several countries and many mineral focuses, the list spans from companies that primarily produce silver as a byproduct to dedicated silver miners. Major hotspots of activity, like Central America and South America, become obvious from a glance at the data the Silver Institute provides.

Below is a closer look at each top company for 2013, and a bit about their flagship mines and forecasts for the year to come.

Fresnillo (LSE:FRES)

In 2013, Fresnillo produced 38.8 million ounces of silver in 2013, which represents a 4.3 percent increase year-over-year, according to the company’s preliminary 2013 report. For 2014, the company expects to produce some 42 million ounces of silver. The Mexico-based Fresnillo has the largest precious metals land reserve in that country, with six mines and two development projects.


To see the others on the list please click here

 

 

The miners have started 2014 very well indeed on the back of rising gold prices, so the question is; is this the real deal or another head fake? Is the bottom really in? Could there be a final capitulation just ahead of us? Will the summer doldrums take the PMs lower?

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