Silver Miner Suspends Sales: 35% Of Production Due To Low Prices
By GCRU Gold News on Friday, October 17 2014, 07:30 - Permalink
The first primary silver miner in the industry just announced that it suspended sales of silver during the 3rd quarter due to the low market price of silver. First Majestic suspended sales of 35% of its Q3 silver production. This was a significant amount as it was nearly 1 million oz of its 2.7 million oz production that quarter.