SMM Silver-Bearing Ore Resource Calculator Launched—Helping You Calculate the True Value of Silver-Bearing Ore with One Click! Operation Manual Included.[SMM Analysis]

On November 20, 2025, at the 2025 SMM Silver Industry Chain Annual Conference and Silver Recycling and Application Industry Conference—Seminar on Pricing Methodology for Silver-Bearing Ores, SMM collected feedback from attendees on the "Comprehensive Pricing Calculator for Silver Ore Resources" and officially launched it. The release of an English version is planned; thank you for your patience.

Developed by SMM based on years of accumulated price data and solid industry survey results, this calculator is specifically designed for silver-bearing ore trading scenarios. Its core advantage lies in accurately integrating the silver payable indicator and multi-metal pricing details, applicable to value assessments of various types of silver-bearing lead concentrates, lead concentrates rich in associated metals, and other silver-bearing raw materials. It helps enterprises quickly complete precise pricing calculations and efficiently handle advance payments and final settlements, effectively addressing industry pain points.

Introduction and User Guide for the Silver-Bearing Ore Pricing Calculator
I. Access:

Click below SMM Base Metals—Lead—Spot Lead Prices or below SMM Precious Metals—Precious Metals Spot Prices to enter.
II. Operation Instructions:

Calculation Elements Description:

The calculator supports six main elements: lead, zinc, copper, antimony, silver, and gold.
To calculate other elements, click "Add Custom Element" to include them (up to 5 custom elements can be added).
Default values are the latest prices for SMM #1 Lead, SMM #1 Zinc, SMM #1 Copper, SMM #1 Antimony, SMM 1# Silver (Ag99.99%), and SMM Gold 95.
Calculation for zinc concentrates using the 20-80 sharing method is currently not supported.
In actual pricing, lead metal is benchmarked at 50%, with price changes due to grade variations incorporated into the processing fee.
Input Parameter Description:

Price: Defaults to the latest SMM daily price value and unit; users can also input custom price values. The unit for custom element prices is yuan/mt.
Grade/Content: Only values greater than or equal to 0 can be entered, with specific units indicated after the value field. The unit for custom element content is grams/dmt.
Payable Indicator: Users can input a percentage value; unit is %.
Processing Fee: Unit is indicated after the value field; either the processing fee or the payable indicator can be entered, but not both.
Recovery Rate: Default value is 100%; users can input a percentage value.
Delete Button: In the header row for price, grade/content, payable indicator, processing fee, and recovery rate, there is a red single-column one-click delete button; clicking it will delete the single column's data.

**Note:**

The calculator provides a remarks field where users can input terms or other information to facilitate future searches for this calculation.
The remarks field is typically used to store additional information related to the primary data, which may be important for subsequent data analysis, searching, or querying.

**Points to Note:**

Please fill in complete data for at least one element to begin the calculation; otherwise, the calculation cannot be started.
After the calculation is completed, a PDF quotation can be downloaded for record-keeping, and historical calculation results can be queried.

**Future Outlook:**
SMM will continue to leverage its professional price service capabilities and advantages in industry resource integration, closely monitor market changes, promptly respond to enterprise demands, and continuously improve the pricing methodology and supporting tools for silver-bearing ores. Together with the entire industry, SMM will contribute to the path of high-quality development in the sector.

For any questions regarding usage or feedback suggestions, please feel free to contact SMM Silver-Lead Analyst Wang Huilin (Tel: 021-51595847).