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Where you find the largest silver reserves

ID: 677849

For those interested in silver investments, in addition to the countries that produce silver, you can also look at the countries with the largest reserves

(PresseBox) - Silver reserves refer to the economically mineable silver supply in a country. The largest silver producing countries usually have large silver reserves. However, there are also countries with high silver reserves that hardly mine anything but can become attractive silver-producing countries. Peru has the highest silver reserves in the world. The country ranked third in last year s hit list of producers. Peru s largest silver mine is actually a copper mine. The country s silver mining history is more than 1,000 years old. In second place for silver reserves is China, and China also deserves second place for production figures. Here, too, silver is mostly a byproduct.

In third place is a country that produces very little silver, Poland. Only 1,300 tons of silver comprised silver production in 2022. But the reserves are high. Other countries with large silver reserves include Russia, Mexico, Australia, Chile and the USA. Also worth a look are the global stockpiles. In the 1950s, these stood at around ten billion ounces of silver. In the meantime, these stocks have been reduced step by step. According to estimates, global inventories today amount to around one billion ounces of silver, i.e. significantly less. Whatever the future price development, silver is an important industrial raw material and an investment good that ensures value retention. Companies with silver in their projects include Vizsla Silver - https://www.commodity-tv.com/play/mining-newsflash-with-vizsla-silver-torq-resources-first-tin-sibanye-stillwater-and-mawson-gold/ - or Sierra Madre Gold and Silver. Sierra Madre Gold and Silver has two high-grade gold and silver projects in Mexico. With the planned acquisition of a third silver and gold mine, also in Mexico, the company will further upgrade its portfolio. Also in Mexico, Vizsla Silver is taking care of its main Panuco project. Excellent drill results are available (up to a good 7,500 grams of silver equivalent per ton of rock).





Latest corporate information and press releases from Vizsla Silver (https://www.resource-capital.ch/de/unternehmen/vizsla-silver-corp/ ) and Sierra Madre Gold and Silver (https://www.resource-capital.ch/de/unternehmen/sierra-madre-gold-and-silver-ltd/).

In accordance with ?34 of the German Securities Trading Act (WpHG), I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and that there is therefore a possible conflict of interest. No guarantee for the translation into German. Only the English version of this news is valid.

Disclaimer: The information provided does not constitute any form of recommendation or advice. Express reference is made to the risks involved in securities trading. No liability can be accepted for any damages arising from the use of this blog. I would like to point out that shares and especially warrant investments are generally associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make a mistake, especially with regard to figures and prices. The information contained herein has been obtained from sources believed to be reliable, but in no way claims to be accurate or complete. Due to judicial decisions the contents of linked external pages are to be answered for (so among other things regional court Hamburg, in the judgement of 12.05.1998 - 312 O 85/98), as long as no explicit dissociation from these takes place. Despite careful control of the contents, I do not assume any liability for the contents of linked external pages. The respective operators are exclusively responsible for their content. The

disclaimer of Swiss Resource Capital AG applies additionally: https://www.resource-capital.ch/de/disclaimer-agb/

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Bereitgestellt von Benutzer: PresseBox
Datum: 23.02.2023 - 04:02 Uhr
Sprache: Deutsch
News-ID 677849
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