According to GlobalData, there are more than 757 silver mines in operation globally. GlobalData tracks and profiles over 33,000 mines and projects from early exploration to closure, across more than 150 countries and more than 100 commodities. Buy the latest mine-site profiles here.
The following are the ten largest silver mines by production across the world in 2023, according to GlobalData’s mining database.
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1. Gumuskoy Mine
The Gumuskoy Mine is a surface mine situated in Kutahya, Turkey. Owned by Yildizlar SSS Holding, the brownfield mine produced an estimated 45.69 million ounces of silver in 2023. Buy the profile here.
2. Penasquito Mine
Located in Zacatecas, Mexico, the Penasquito Mine is owned by Newmont. The surface mine produced an estimated 20.68 million ounces of silver in 2023. The mine will operate until 2032. Buy the profile here.
3. Polkowice-Sieroszowice Mine
The Polkowice-Sieroszowice Mine is an underground mine located in Lower Silesian, Poland. Owned by KGHM Polska Miedz, the greenfield mine produced an estimated 18.5 million ounces of silver in 2023. The mine will operate until 2057. Buy the profile here.
4. Rudna Mine
Owned by KGHM Polska Miedz, the Rudna Mine is an underground mine situated in Lower Silesian, Poland. The brownfield mine produced an estimated 18.09 million ounces of silver in 2023. The expected mine closure date is 2042. Buy the profile here.
5. Sindesar Khurd Mine
The Sindesar Khurd Mine is an underground mine situated in Rajasthan, India. Owned by Vedanta Resources, the greenfield mine produced an estimated 15.08 million ounces of silver in 2023. The mine is expected to operate until 2029. Buy the profile here.
6. Juanicipio Project
The Juanicipio Project is an underground mine situated in Zacatecas, Mexico. Owned by Industrias Penoles Sde CV, the greenfield mine produced an estimated 14.89 million ounces of silver in 2023. The mine will operate until 2034. Buy the profile here.
7. San Julian Project
Located in Chihuahua, Mexico, the San Julian Project is owned by Industrias Penoles Sde CV. The underground mine produced an estimated 13.59 million ounces of silver in 2023. The mine will operate until 2027. Buy the profile here.
8. Fresnillo Mine
The Fresnillo Mine is an underground mine located in Zacatecas, Mexico. Owned by Industrias Penoles Sde CV, the brownfield mine produced an estimated 13.32 million ounces of silver in 2023. The mine will operate until 2027. Buy the profile here.
9. Antamina Mine
Owned by Glencore Plc, the Antamina Mine is a surface mine situated in Ancash, Peru. The brownfield mine produced an estimated 12.63 million ounces of silver in 2023. The expected mine closure date is 2036. Buy the profile here.
10. Saucito Mine
The Saucito Mine is an underground mine situated in Zacatecas, Mexico. Owned by Industrias Penoles Sde CV, the greenfield mine produced an estimated 11.6 million ounces of silver in 2023. The mine is expected to operate until 2029. 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.
