Friday, December 17, 2010

Silver Argentum Plata Prata

Silver has been mined for well over 5000 years.
Global mine production rose again in 2009, by almost 4%, its seventh straight annual increase to reach a record high of 709.6 Moz, or 22068.5 tons.  That is over 22.5 ounces of silver per second , more than ever before. Output was driven higher by strong production increases in several Latin American countries as mining projects, many of which are primary silver producers, came to fruition, and by higher output in Asia, principally from China and Turkey.  Peru is a number 1 silver  producer in the world. 4.2 ounces of silver  per resident were mined in Peru in 2009. Globally, only   3.2 grams produced per potential consumer. If we made a cube out of the  silver produced in 2009,  it would be 28.09 meters high. That's a lot of silver isn't it. As of today, the silver price  is $29.18  per ounce. Right now, production of 2009 would be  worth  $20.7 billion .


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 http://ironrye.blogspot.com/2011/10/list-of-all-articles-at-iron-rye.html


Top 20 Silver Producing Countries in 2010

(millions of ounces)
1. Mexico 128.6
2. Peru 116.1
3. China 99.2
4. Australia 59.9
5. Chile 41.0
6. Bolivia 41.0
7. United States 38.6
8. Poland 37.7
9. Russia 36.8
10. Argentina 20.6
11. Canada 18.0
12. Kazakhstan 17.6
13. Turkey 12.3
14. Morocco 9.7
15. India 9.7
16. Sweden 9.2
17. Indonesia 6.9
18. Guatemala 6.3
19. Iran 3.4
20. South Africa 2.8

Top 20 Silver Producing Countries in 2009
(millions of ounces)
1.Peru123.9
2.Mexico104.7
3.China89.1
4.Australia52.6
5.Bolivia42.6
6.Russia42.2
7.Chile41.8
8.United States39.8
9.Poland39.2
10.Kazakhstan21.7
11.Canada19.6
12.Argentina17.1
13.Turkey14.0
14.Sweden8.7
15.Morocco8.3
16.Indonesia7.7
17.India7.3
18.Guatemala4.2
19.Iran3.5
20.South Africa2.6




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