Sliding Silver Prices Shine Light on Production Costs, Long-Term Viability

Forbes reported that questions are swirling regarding the viability of mining silver in the current price environment.

As quoted in the market report:

The answer to the question is that there isn’t a business on the planet that can stay in business losing money for very long,” Morgan said. “So, obviously that projects that if the silver price is below $20 for a sustainable length of time, a lot of the primary silver producers would eventually go out of business.

To view the whole Forbes report, click here.