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Message: Mexico Silver production dips To 372,598 in July.

Mexico needs more help from U.C....up Production Please....and Share Price Too!

Mexico's overall mining and metals production however rose 2.7% in July from the year-earlier month as declines in iron and coal output offset higher output of precious metals and copper.

MEXICO CITY(BullionStreet): World's largest silver producer Mexico's output of the white metal dropped in July while gold production climbed 1.4 percent during the period.

According to country's National Statistics Institute, or Inegi silver production hit 372,598 kilograms in July as against 406,987 kilograms in June.

Gold production rose 1.4% to 6,257 kilograms, or 201,000 troy ounces in July.

Mexico's overall mining and metals production however rose 2.7% in July from the year-earlier month as declines in iron and coal output offset higher output of precious metals and copper.

Copper output was 23% higher than a year ago at 37,664 metric tons, and zinc production rose 3% to 33,495 tons.

Those gains were offset by an 11% decline in coal production to 1.09 million tons, a 12% drop in lead output to 14,059 tons, and a 5.3% drop in iron output to 629,028 tons, Inegi reported.

In the first six months of the year, mining production in Mexico advanced 4.2% year-on-year, with gains in silver, gold, lead, copper and zinc, Inegi said.

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