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In the second instalment of its series on the world’s top five silver producing-countries, Kitco News profiles China. Like Mexico, the world’s biggest silver producer, much of China’s silver is produced as a by-product.
In the second instalment of its series on the world’s top five silver producing-countries, Kitco News profiles China. Like Mexico, the world’s biggest silver producer, much of China’s silver is produced as a by-product.
As quoted in the market news:
As China slots into the second position of the world’s largest producing silver countries, one would be forgiven for scratching their head and wondering where all this silver comes from when their largest producing mine accounts for 4.5 million ounces.
The answer; there’s a lot of silver by-product.
In fact, China’s second largest mine that produces silver is primarily a lead and zinc producing mine. Much of the country’s silver comes from base metal mines and refineries.
Click here to read the full Kitco News report.
Click here to read about 2013′s top 10 silver-producing countries.