SILVER
Production
The world silver industry consists of miners, refiners, traders and fabricators. In addition to mining, silver also makes its way into the world supply chain from the reprocessing of scrap metal that comes from various fabrication processes and via sales from government stock piles. In 2005, mined silver accounted for approximately 70 percent of the total supply, while scrap accounted for 21 percent. Primary silver mine production grew 8 percent, and accounted for 31 percent of global silver mine supply. Silver mine production grew primarily due to the stronger output from the primary silver and copper sectors, significant gains occurred mainly in Central and South America. There are more than 20 refineries located in the United States and two of the biggest countries who produce silver are Mexico and Peru.
Peru Mexico
