Which countries produce the world’s silver?
In 2023, silver mines produced 830.5 million ounces of silver. That total is projected to decline by about 1 percent to 823.5 million ounces in 2024.
GFMS Executive Chairman Philip Klapwijk isn’t big on publishing prognostications for the research group’s World Silver Survey 2011 report produced for Washington’s Silver Institute.
After some prodding by Mineweb, Klapwijk said he expect silver prices to remain in the “top $20s” this year.
