Mapped: Which Countries Produce the Most Silver?

Key Takeaways

• Mexico retains its position as the world’s leading silver producer, mining 202.2 million ounces (Moz)—accounting for nearly a quarter of the world’s total supply.
• China followed as the second-largest silver producer with 109.3 Moz. In third place, Peru is closely behind at 107.1 Moz. 
• Projects like Vizsla Silver Corp’s Panuco project in northwest Mexico demonstrate the country’s vast potential. Panuco alone contains an estimated 201.4 million ounces of silver.