Global Silver Production: The Leaders of 2024
The landscape of silver mining is concentrated, with a handful of nations driving the vast majority of global supply. Here are the top producers based on projected 2024 output (in metric tons):
RANKING THE GIANTS
1. Mexico — 6,300
*Reigns supreme with only 6% of global reserves.*
2. China — 3,300
3. Peru — 3,100
THE SUPPORTING CAST
Poland (1,300) • Bolivia (1,300) • Chile (1,200)
Russia (1,200) • United States (1,100) • Australia (1,000)
Kazakhstan (1,000) • Argentina (800) • India (800)
Sweden (400) • Canada (300)
BEYOND THE RESERVES
Dominance in silver production hinges less on sheer resource volume and more on operational excellence, established infrastructure, and decades of refined expertise.
