Base metal miners like KGHM (a Polish copper miner) that produce 40 million ounces of silver as a byproduct are barely profitable, meaning they are not selling their silver for nothing and require the revenue from silver to remain profitable overall

causalpending

Speaker

Steve St. Angelo

Evidence Quote

when you look at some of the big base metal miners like kgm PESA in Poland they're a big copper Miner they produce uh 40 million ounces of silver a year that they're barely they're making a little bit of money so they're not they're not selling their silver for nothing

Source

Steve St. Angelo: Exponential Debt Cycle is Past the Point of no ReturnPalisades Gold Radio
Created: 8/10/2026, 11:27:09 PM

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