There are more than 757 silver mines in operation globally, of which 38 are in Russia, according to GlobalData’s mines and projects database. The following are the five largest silver mines by production in Russia in 2023, according to GlobalData’s mining database, which tracks more than 33,000 mines and projects from early exploration to closure across more than 150 countries and over 100 commodities. Buy the latest mine-site profiles here.
1. Dukat Mine
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The Dukat Mine is a surface and underground mine located in Magadan Oblast. It is owned by Polymetal International Plc and produced an estimated 7.7 million ounces of silver in 2023. The mine will operate until 2028. Buy the profile here.
2. Lunnoye-Arylakh Mine
Located in Magadan Oblast, the Lunnoye-Arylakh Mine is owned by Polymetal International Plc. The underground mine produced an estimated 4.8 million ounces of silver in 2023. The mine will operate until 2024. Buy the profile here.
3. Kupol and Dvoinoye Mine
The Kupol and Dvoinoye Mine is located in Chukotka Autonomous Okrug. It is owned by Highland Gold Mining and produced an estimated 3.29 million ounces of silver in 2023. The mine will operate until 2026. Buy the profile here.
4. Primorskoye Property
The Primorskoye Property, owned by Polymetal International Plc, is an underground mine located in Magadan Oblast. The mine produced an estimated 2.42 million ounces of silver in 2023. Buy the profile here.
5. Nezhda Project
Owned by Polymetal International Plc, the Nezhda Project is a surface and underground mine located in Sakha (Yakutia) Republic. It produced an estimated 2 million ounces of silver in 2023. The mine will operate until 2052. Buy the profile here.
For more details on the latest mine sites, buy the latest mine-site profiles here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Mining Intelligence Center tracks production, consumption, imports and exports of 17 key commodities across 60 countries, whilst its Mines & Projects Database tracks over 30,000 mines and projects with 200+ data fields for each, including production, operating costs, equipment and key mine-site contacts.
