NEW YORK, Oct. 5, 2016 /PRNewswire/ -- Synopsis
Timetric's 'Global Silver Mining to 2020' report comprehensively covers global reserves of silver by country, the historic and forecast data on silver production, prices and silver metal consumption. The report also includes factors affecting demand for global silver, profiles of major silver producing companies in the world and information on the active, exploration and development silver projects. It is an essential tool for companies active in the global silver mining landscape and for new competitors considering entering the industry.
Global silver metal reserves totaled were 571,000 tones (t) at the end of January 2016. Peru accounted for the largest share, with 21%, followed by Australia and Poland with 14.9% each, Chile with 13.5%, China with 7.5% and with Mexico 6.5%. Peruvian silver deposits are mainly located in the Pasco, Lima, Junin and Apurimac regions. The Toromocho project in Junin, the Cerro de Pasco mine in Pasco and the Las Bambas project in Apurimac contain the country's main silver deposits.
The report contains an overview of the global silver mining industry together with the key factors affecting the industry and demand for the commodity. It also provides information about global silver reserves, the historic and forecast data on silver production, prices, silver metal consumption, the competitive landscape and active, exploration and development silver projects.
Reasons To Buy
Gain an understanding of the global silver mining industry, reserves, historic and forecast data on silver production, prices, silver metal consumption, factors affecting demand for silver, active, exploration and development silver projects and the competitive landscape.
- Global silver mine or metal content in ore production was 930.5 million ounces in 2015; down by 1.6% over 2014.
- Production fell by 25.7% in Australia, 6.7% each in Russia and the US, 4% in Chile and 2.1% in China, accounting for the global decrease in silver production that year.
- Global silver consumption was 1.17 billion ounces in 2015; up by 3.4% over 2014, due to a 24% increase in demand from coins and bars – supported by fall in silver price.
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