According to GlobalData, the US is the world’s ninth-largest producer of silver, with output of 38,011koz in 2022, up by 6% on 2021. Over the five years to 2021, production from the US decreased by a CAGR of 0.24% and is expected to rise by a CAGR of 4% 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.
The US accounts for 4% of global production, with the other largest producers being Mexico (24%), China (14%), Peru (12%) and Chile (6%).
Leading producers of silver in the US are Newmont, Hecla Mining, Coeur Mining, Rio Tinto, Grupo Mexico and Lundin Mining. Newmont's output was 14,510koz in 2021, up by 13% on 2020. Hecla Mining produced 11,034koz, a decrease of 3%, and output from Coeur Mining was 3,461koz, an increase of 5% on the previous year.
For more detailed analysis of global silver mining, buy the report here.