This can be taken into account when making an investment decision, as can the price of the precious metal or the management of a company. The world leader in silver production last year was again Mexico with a production of 5,600 tonnes of silver. The data comes from the US Geological Survey. Mexico is also home to the world’s largest silver company, Fresnillo. The two largest silver mines are located in the Mexican state of Zacatecas. Peru ranks second among the top silver producers. The country has the largest known silver reserves in the world.
China follows in third place with 3,200 tonnes of silver, produced in 2020. Mostly, the silver is extracted as a by-product of other metals. The next country in the hit list is Russia with 1,800 tons of silver production. One of the highest-grade silver deposits in the world, the Vertikalny deposit, is located here. This is followed by Poland (with very large silver reserves) and then Chile. In Chile, too, silver production is largely a by-product of copper and gold production. Seventh place goes to Australia. Incidentally, that’s where BHP Billiton started as a silver operation in the 1920s. Bolivia, in eighth place, still has large reserves, followed by Argentina and the USA.
But also in other regions of the world there are promising and noteworthy projects containing silver.
For example, the projects Lomero in Spain (exploration program approved) and Guia Antigua in Colombia by Denarius Silver – https://www.youtube.com/watch?v=QvhkhrYDuNo -. The drilling program has already started on Guia Antigua.
Ridgeline Minerals – https://www.youtube.com/watch?v=dKnSLrRIT8g – owns four projects (Carlin East, Bell Creek, Swift, Selena) in the Carlin and Battle Mountain-Eureka trends in Nevada.
Current company information and press releases from Denarius Silver (-https://www.resource-capital.ch/en/companies/denarius-silver-corp/ -).
In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
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