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World's Largest Silver Producing Countries: China

By Alex Létourneau of Kitco News
Tuesday July 15, 2014 9:00 AM

Editor’s Note: Kitco News will be releasing a daily feature from July 14 to July 19 focusing on the world's top five silver producing countries, which will include a daily graphic of the country’s largest producing mines.

(Kitco News) - Tough to find readily available information and statistics regarding Chinese silver mine supply? You don’t say.

As China slots into the second position of the world’s largest producing silver countries, one would be forgiven for scratching their head and wondering where all this silver comes from when their largest producing mine accounts for 4.5 million ounces.

The answer; there’s a lot of silver by-product.

In fact, China’s second largest mine that produces silver is primarily a lead and zinc producing mine. Much of the country’s silver comes from base metal mines and refineries.

To add to the confusion, it’s not clear how much silver is refined from domestic and overseas ore due to a lack of information released by the government.

China only began releasing their mine supply information in 2000, and the sector has grown faster than any other nation since.

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Data compiled from CPM Group, Thomson Reuters and company reports

By Alex Létourneau of Kitco News aletourneau@kitco.com
Follow Alex Letourneau @alex_letourneau

 

 

 

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.
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