Realist News (Jsnip4)

Full Version: DID NEVADA PEAK SILVER PRODUCTION occur in 1997?
You're currently viewing a stripped down version of our content. View the full version with proper formatting.
[Image: srs1.jpg]

[Image: srs2.jpg]

I have been in contact with several people from the Nevada Bureau of Mines as well as the Alaska Division of Geological and Geophysical Surveys to get to the bottom of the true U.S. silver production figures in 2010. “Off the Record” speaking, they informed me that silver production decreased in most mines in Alaska and Nevada. These are the top 2 producing silver states in the country. They will not release their final reports for 2010 until the end of July or in August. I will do an update at that time and set the record straight.

Looking at the chart above, I found out that Nevada produced some serious silver in 1997….nearly 25 million ounces. It is truly amazing that in just 12 years Nevada’s silver production has declined 70%. In 2009 Nevada produced only 7.3 million ounces whereas; Alaska came in more than double at 15.6 million ounces. In 2009 Nevada was the top Gold mining state in the U.S. providing 70% of total gold production and now second in silver production behind Alaska.

Continues: http://silvergoldsilver.blogspot.com/201...occur.html
Have there been any laws or regulations imposed that are suppressing the mining since then? Nevada IS Harry Reid's state so you never know!
Conspiracy theory thought: TPTB are in collusion with PM miners to only produce so much, but claim that they are working full steam, in order to give the appearance that the available PM in the earth are running out, so that they can get the price to shoot up and then they can make a ton more money. Thoughts? What say ya'll? TPTB are very patient when planning and executing their schemes, so I thought that I may be thinking PM are good to go, when I'm just falling for another story.
(07-07-2011 09:40 AM)UCOMusic Wrote: [ -> ]Have there been any laws or regulations imposed that are suppressing the mining since then?

That's exactly what I thought. I bet there was policy change that started in 1997 and was completely phased in by 2004.

SRSrocco

(07-07-2011 02:32 PM)12GaugeAngel Wrote: [ -> ]
(07-07-2011 09:40 AM)UCOMusic Wrote: [ -> ]Have there been any laws or regulations imposed that are suppressing the mining since then?

That's exactly what I thought. I bet there was policy change that started in 1997 and was completely phased in by 2004.

There is some speculation that there is a conspiracy to keep precious metal production down. At first sight, this might sound reasonable, but most of silver is a by-product of base metal mining.

Furthermore, Doug Drisner at the Nevada Bureau of Mines informed my as I already knew, that it is Economics that is the cause of declining production. A falling EROI on top of falling Ore grades are the reason we are seeing a decline in US silver production.

Matter a fact the USA peaked in overall resource mining and production in the early 1950's. Europe peaked in the late 1800's and Russia in the late 1990's.

Peak is here, whether we want to believe it or not.
Reference URL's