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NAICS Code 212220-04 Description (8-Digit)

The Silver Ores industry is a subdivision of the Gold Ore and Silver Ore Mining industry, which involves the mining and processing of silver ores. Silver is a precious metal that is used in a variety of industries, including jewelry, electronics, and photography. The process of extracting silver from its ores involves a range of techniques, including crushing, grinding, and chemical leaching.

Hierarchy Navigation for NAICS Code 212220-04

Parent Code (less specific)

Tools

Tools commonly used in the Silver Ores industry for day-to-day tasks and operations.

  • Crushers
  • Grinders
  • Chemical leaching equipment
  • Flotation machines
  • Magnetic separators
  • Gravity separators
  • Smelting furnaces
  • Refining equipment
  • Assaying equipment
  • Drilling equipment

Industry Examples of Silver Ores

Common products and services typical of NAICS Code 212220-04, illustrating the main business activities and contributions to the market.

  • Silver mines
  • Silver exploration companies
  • Silver processing plants
  • Silver refining companies
  • Silver bullion dealers
  • Silver jewelry manufacturers
  • Silverware manufacturers
  • Photographic film manufacturers
  • Electronics manufacturers
  • Dental equipment manufacturers

Certifications, Compliance and Licenses for NAICS Code 212220-04 - Silver Ores

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • Mine Safety and Health Administration (MSHA) Certification: Required for workers who operate mining equipment in the US. The certification ensures that workers are trained in safety procedures and can identify potential hazards. The MSHA provides the certification.
  • Hazardous Waste Operations and Emergency Response (HAZWOPER) Certification: Required for workers who handle hazardous materials in the US. The certification ensures that workers are trained in safety procedures and can respond to emergencies. The Occupational Safety and Health Administration (OSHA) provides the certification.
  • National Pollutant Discharge Elimination System (NPDES) Permit: Required for mining operations that discharge pollutants into US waters. The permit ensures that the discharge meets environmental standards. The Environmental Protection Agency (EPA) provides the permit.
  • Clean Water Act (CWA) Permit: Required for mining operations that discharge pollutants into US waters. The permit ensures that the discharge meets environmental standards. The EPA provides the permit.
  • Resource Conservation and Recovery Act (RCRA) Permit: Required for mining operations that generate hazardous waste in the US. The permit ensures that the waste is handled and disposed of properly. The EPA provides the permit.

History

A concise historical narrative of NAICS Code 212220-04 covering global milestones and recent developments within the United States.

  • The "Silver Ores" industry has a long and rich history worldwide. Silver has been used for thousands of years for currency, jewelry, and decorative purposes. The ancient Greeks and Romans were known to mine silver, and it was a major source of wealth for the Spanish Empire during the 16th and 17th centuries. In the United States, the discovery of silver in Nevada in the mid-1800s led to a silver rush, and the metal was used to mint coins until the early 20th century. In recent years, the industry has faced challenges due to declining silver prices and increased competition from other metals.

Future Outlook for Silver Ores

The anticipated future trajectory of the NAICS 212220-04 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Shrinking

    The future outlook for the Silver Ores industry in the USA is positive. The industry is expected to grow due to the increasing demand for silver in various applications such as electronics, solar panels, and medical equipment. The industry is also expected to benefit from the growing demand for silver in the automotive industry, as silver is used in the production of catalytic converters. However, the industry may face challenges due to the fluctuating prices of silver in the global market. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 212220-04

Recent groundbreaking advancements and milestones in the Silver Ores industry, reflecting notable innovations that have reshaped its landscape.

  • New Extraction Technologies: The industry has seen the development of new extraction technologies that allow for more efficient and cost-effective extraction of silver from ores.
  • Use Of Robotics: Robotics is being increasingly used in the industry to automate various processes, such as drilling and blasting, which has led to increased efficiency and safety.
  • Recycling Of Silver: The industry is increasingly focusing on the recycling of silver from various sources, such as electronic waste and scrap metal, which has led to a reduction in the need for new mining operations.
  • Use Of Renewable Energy: The industry is increasingly using renewable energy sources, such as solar and wind power, to power its operations, which has led to a reduction in greenhouse gas emissions.
  • Exploration Of New Deposits: The industry is exploring new deposits of silver in various regions of the USA, which has the potential to increase the supply of silver and meet the growing demand.

NAICS Code 212220-04 - Silver Ores

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