US Mined Silver Production Still Falling: USGS

Mineweb reported that mined silver output from the United States continues to drop. In November 2013, mines in the country put out 2,600,995 troy ounces of the metal, down significantly from the 3,031,815 troy ounces they produced in the year-ago period, as per the US Geological Survey (USGS).

As quoted in the market news:

Average daily U.S. silver production in November 2013 was 2,700 kg (86,807 oz), compared with 3,140 kg (100,953 oz) in November 2012.

The Silver State of Nevada led silver production in November 2013 with 19,700 kg (633,369 oz) of output, while the combined total production of Alaska, Arizona, California, Colorado, Idaho, Missouri, Montana, New Mexico, South Dakota and Utah was 60,900 kg (1,957,980 oz).

Click here to read the full Mineweb report.