Global silver mine production 2005-2022

The estimated global production of silver in 2022 amounted to 26,000 metric tons. Production of this precious metal has remained relatively stable in the period of consideration. Humans have been mining and processing silver since antiquity.

Where in the world does silver come from?

The three leading silver producing countries worldwide in 2021 were Mexico, China, and Peru. In that year Mexico produced 196.7 million ounces, China produced 112.9 million ounces, and Peru produced 107.9 million ounces.

Who produces the most silver?

Fresnillo plc was the leading global silver mining company in 2021. The Mexico-based company produced 53.1 million ounces of silver that year. Their operational headquarters are in Mexico City, while their corporate headquarters are situated in London. 2021 marked a peak in the revenue generated by Fresnillo, amounting to more than 2.8 billion U.S. dollars. The second-largest silver mining company in the world in 2021 was KGHM Polska Miedz S.A.; a Polish based mining company.