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.
Subscribe to our Newsletters
Get industry leading news, data and analysis delivered to your inbox
GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Commodity Analyzer tracks production, consumption, imports and exports of 17 key commodities across 60 countries, whilst its Mines & Projects Database tracks over 30,000 mines and projects with 200+ data fields for each, including production, operating costs, equipment and key mine-site contacts.
