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Scorpio Mining Q2 Silver Output Nearly Doubles

Silver Investing

Reuters reported that Scorpio Mining’s (TSE:SPM) second quarter silver recovery doubled.

Reuters reported that Scorpio Mining’s (TSX:SPM) second quarter silver recovery doubled.

The market news is quoted as saying:

Recovered silver was up 95 percent at 365,692 ounces, while recovered copper rose 17 percent to 438,529 pounds.

To read the full market news, click here.

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The Conversation (2)
Investor Last Name
Investor Last Name
25 Jan, 2014
In no particular order - How likely is this to even begin to get off the ground with our knowledge of N Korean antics? How much rare earth production can world demand support even allowing for some significant growth? How many years behind companies already producing outside China like MCP and LYSCF would this 'potential' project fall? With other heavy rees like AVL etc much more advanced and in 'safer' zones who would invest? Sounds like the headline grabbing theory behind all those ree finds deep in the ocean - maybe N Korea ends up selling to N. Korea in 10 years. - Sound investment?
Investor Last Name
Investor Last Name
25 Jan, 2014
In no particular order - How likely is this to even begin to get off the ground with our knowledge of N Korean antics? How much rare earth production can world demand support even allowing for some significant growth? How many years behind companies already producing outside China like MCP and LYSCF would this 'potential' project fall? With other heavy rees like AVL etc much more advanced and in 'safer' zones who would invest? Sounds like the headline grabbing theory behind all those ree finds deep in the ocean - maybe N Korea ends up selling to N. Korea in 10 years. - Sound investment?

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