An Estimated 40% Of Global Silver Mine Supply Now Offline

12:03 PM

First published by Money Metals here: https://www.moneymetals.com/news/2020/04/13/40-percent-global-silver-mine-supply-offline-002011

Now that the Peruvian Government announced an extension of the country’s state of emergency until April 26th, the world’s first and second-largest silver producers have taken 40% of global silver mine supply offline for a month. Actually, Peru first announced its national quarantine on March 15th. So, the country’s mines will be shut down for more than a month when the state of emergency is projected to end on April 26th. But, will it?

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