Prices could turn higher from later this year as the electronics and photovoltaics sectors support industrial consumption, HSBC Securities' chief precious metals analyst said.
The mysterious hole of 36.5 meters in diameter that emerged in late July led the mining regulator to suspend operations of a nearby mine owned by Canada's Lundin in the northern district of Candelaria.
The miner reported its operating and financial results for the second quarter, posting a loss of $77.4 million after reporting a profit in the same period a year earlier.
Goodman applied his geological training and business acumen to help build several successful mining companies, notably International Corona and Kinross Gold.