According to GlobalData, Canada is the world’s thirteenth-largest producer of silver in 2022, with output up by 32% on 2021. Over the five years to 2021, production from Canada decreased by a CAGR of 6.3% and is expected to rise by a CAGR of 14% between 2022 and 2026. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Global Silver Mining to 2026 report. Buy the report here.
Canada accounts for 1% of global production, with the largest producers being Mexico, China, Peru and Chile.
Leading producers of silver in Canada are Glencore, Agnico-Eagle Mines, Yamana Gold, Pan American Silver and Hecla Mining. During 2020-2021, Glencore's output was down by 4%, Agnico-Eagle Mines's output decreased by 23%, while output from Yamana Gold decreased by 12%.
For more detailed analysis of global silver mining, buy the report here.