SIC Code 1044-98 - Silver Ores
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SIC Code 1044-98 Description (6-Digit)
The Silver Ores industry involves the mining, extraction, and processing of silver-containing ores. Silver is a precious metal that is used in a variety of applications, including jewelry, electronics, and currency. The industry is highly dependent on the price of silver, which can fluctuate greatly depending on supply and demand. Companies in this industry must also comply with environmental regulations and safety standards to ensure the health and safety of their workers and the surrounding communities.
The process of extracting silver from ores involves several steps, including crushing and grinding the ore to a fine powder, then using chemicals to separate the silver from other minerals. The resulting silver concentrate is then further processed to remove impurities and create a pure silver product. Some companies in this industry also engage in the refining of silver, which involves melting down silver products and separating the metal from any impurities.
Overall, the Silver Ores industry plays an important role in the global economy, providing a valuable resource for a variety of industries and applications.
Hierarchy Navigation for SIC 6-Digit Code 1044-98
Parent Code (less specific)
Tools
- Crushers
- Grinders
- Chemical reagents (e.g. cyanide, sulfuric acid)
- Flotation machines
- Magnetic separators
- Smelting furnaces
- Refining equipment (e.g. electrolytic cells, induction furnaces)
- Assay equipment (e.g. spectrometers, Xray fluorescence analyzers)
- Drill rigs
- Blasting equipment
- Haul trucks
- Loaders
- Excavators
- Bulldozers
- Water trucks
- Dust suppression systems
- Safety equipment (e.g. hard hats, respirators, safety glasses)
- Environmental monitoring equipment (e.g. air quality monitors, water quality monitors)
- Computer software for mine planning and management
Industry Examples of Silver Ores
- Silver mining
- Silver extraction
- Silver processing
- Silver refining
- Silver concentrate production
- Silver bullion production
- Silver ore exploration
- Silver ore development
- Silver ore transportation
- Silver trading
SIC Code 1044-98 - Silver Ores
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