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World's Largest Silver Producing Countries: Peru

By Alex Létourneau of Kitco News
Wednesday July 16, 2014 9:10 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) - Peru was once a world leader of silver mine supply but has now fallen to third globally.

While the country does boast some large primary silver producing mines, Antamina, the country’s largest silver producing mine is primarily a copper mine, with silver constituting as by-product.

Chungar, also one of the largest silver producing mines in Peru, is primarily a zinc producing mine. 

Peru’s production peaked in 2009 at 126 million ounces of silver followed by three consecutive years of decline. The country bounced back in 2013 and is expected to produce nearly 120 million ounces of silver in 2014.

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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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