Silver is found across many geographies around the globe, with significant production concentrated in certain regions.
Approximately 56% of the world's silver production originates in the Americas. The leading silver-producing countries include Mexico, Peru, and Chile, which together account for roughly 43% of global production. Outside of the Americas, major silver producers are China, Australia, and Russia, contributing approximately 25% of the world's output combined.
Here's a simplified breakdown:
- Americas (approx. 56%): Mexico, Peru, Chile (approx. 43% combined)
- Asia and Oceania (approx. 25%): China, Australia
- Eurasia: Russia
It's important to note that these percentages can fluctuate slightly year to year based on mining activity and new discoveries. Silver is often found alongside other metals, such as gold, lead, and copper, and is extracted as a byproduct of mining these other metals as well.
In summary, while silver deposits are scattered worldwide, the highest concentrations and active mining operations are primarily located in the Americas, followed by China, Australia, and Russia.
