Calzada’s (ASX: CZD) AOD9604 Lipotropin sells for $425242 per ounce. ~300x gold and the “peptide” has just been given “generally regarded as safe” status by the US Food and Drug Administration…. a ruling that allows for AOD-9604 use as a food supplement: think sports drinks etc. read more

Gold production guidance for the second half of 2014 of 120,000 – 140,000 ounces of gold remains unchanged with cash costs of US$440 – US$490 per ounce, AISC expected to be in the range of US$640 – US$690 per ounce.

Full year guidance is for 180,000 – 200,000 ounces of gold at full year cash costs of US$595 – US$645 and AISC expected to be in the range of US$805 – US$855 per ounce.

Silver Industrial Demand Expected to Outpace Global GDP Growth Through 2016
Marketwired
The Silver Institute August 1, 2014 1:47 PM

WASHINGTON, DC–(Marketwired – Aug 1, 2014) – The Silver Institute released a report titled “The Outlook for New Electrical and Electronic Uses of Silver.” The report identifies three key potential growth areas for silver demand: flexible electronics; light emitting diodes (LEDs); and interposers. These three growth areas combined have the potential to add another 20 million ounces of silver to total demand by 2018.

The report was produced by Metals Focus, the London-based independent precious metals research consultancy, on behalf of the Silver Institute.

Highlights of the report include:

According to Metals Focus, silver industrial demand, which accounts for over 50 percent of global demand, is expected to grow 5 percent per year from 2014-2016, outpacing forecasted global GDP growth.

Within the flexible electronics sector, the report forecasts notable gains in silver use for flexible displays. Flexible displays, which incorporate silver, are found in tablets, cell phones and e-readers.

The report indicates a healthy rise in LED demand, driven by falling costs and increasingly stringent lighting energy legislation that will accelerate LED adoption, thus leading to strong growth for silver demand.

Interposers that include silver could hold considerable promise for future silver demand. Interposers enable far greater functionality in the next generation of semiconductor chips. Given the greater technical demands made of interposers, glass, with the addition of silver, is being considered as an alternative material. Metals Focus maintains that should glass (and therefore silver) prevail as the interposer technology of choice, silver demand is on course to benefit.

The report also examines the outlook for established end-uses, such as silver’s use in ethylene oxide (EO) production, which is a key building block chemical in the production of detergents, solvents and plastics. Silver demand in the EO sector has enjoyed near uninterrupted growth over the past 30-40 years, primarily due to the growing demand for a range of consumer and industrial products. The EO category could witness even greater silver demand, especially in the United States, with the advent of shale gas, potentially yielding new EO plants.

Metals Focus also reports that silver’s use in photovoltaics for solar power installations may well surpass its previous demand peak, registered in 2011, as early as 2016-17.

“With the introduction of these advanced uses of silver in the electrical and electronics category, which last year provided over 40 percent of total silver industrial demand, along with growth in established uses, we should see silver industrial demand develop even further, especially as economies grow globally,” stated Michael DiRienzo, Executive Director of the Silver Institute.

The report can be downloaded free of charge at:

The Outlook for New Electrical & Electronic Uses of Silver Report

It could be time to have a look at Australia’s new, emerging silver province?

Other ways to invest in silver include our asx listed ETF: ETPMAG and of course silver call options- the latter are of course a binary bet…. Great gains or a total loss so it might pay to get advice… I hold both ETPMAG and long dated silver calls… I bought the latter through my broker Alex P. at Trend Investor Service

54% of the demand for silver came from industry in 2013 – a figure that’s set to rise to 57% this year, according to Thomson Reuters. That would represent a new all-time high for silver’s industrial usage.

Looking further ahead, precious metals consultancy firm, Metals Focus, says industrial demand for silver will grow by at least 5% annually through 2016. That’s higher than forecast global GDP growth during that period.

And silver usage cuts across a swath of industries – semiconductors, electronics, chemicals, and solar power.

Indeed, the latter is especially interesting at the moment…

The Silver/Solar Relationship

Silver is a key component in the manufacturing process for photovoltaic solar panels. Every solar panel contains about 20 grams of silver.

In China alone, the number of solar panels manufactured has doubled every year since 2003. And with no end in sight to this trend, it’s no wonder that Metals Focus says silver demand from photovoltaics will climb by 10% this year.

Overall, demand for silver from the solar power industry will continue to hit record highs in the years ahead, on the back of solar analysts, who say that global demand for solar power will double over the next five years.

http://www.wallstreetdaily.com/2014/08/09/solar-industry-silver/