“While a zinc-lead mine might profitably process ore with just 60-100 g/t silver as a credit, a primary silver operation generally requires several hundred grams per tonne to achieve economic viability when silver is the main product.”
“The global silver market faces a fresh risk after Chinese stockpiles sank to the lowest in a decade, with a huge volume recently shipped to London to ease a squeeze that drove prices to a record”
There are no particular downward pressures on silver prices, at least for now. Regarding drilling results, the company reported in Q3 that “Preliminary results are positive”. However, what positive means for a company like Sotkamo is a question mark.