Precious Metals:Data & Statistics
Do you have
the right answers at hand if a customer asks about the source of the metal
in silver items? Here are some guidelines you can follow:
- 2% of the world's annual silver supply comes from primary silver mines.
- Mining accounts for about 80% of the world's total annual silver supply.
Most of the rest comes from recycled materials, primarily silver used in
- 8% of it comes as a byproduct of gold, copper, lead and zinc mining.
- The top five silver producing countries are Mexico (86.2 million ounces),
Peru (66.8 million), the U.S. (53.3 million), the former Soviet states
(45.4 million) and Canada (39 million).
Copyright © 1998 by Bond Communications.