WORLD SILVER PRODUCTION: 3 Charts You Won’t See Anywhere Else

8:33 AM

First published by Money Metals here: https://www.moneymetals.com/news/2017/12/18/world-silver-production-charts-001321

The rate at which global silver production increased over the past century is quite astonishing. When Columbus arrived in America (1492), the world was only producing 7 million oz of silver a year. Today, the world’s largest primary silver mine, Fresnillo’s Sauicto Mine, produced three times that amount in just one year (22 million oz, 2016). Yes, we have come along way in 500 years.

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