Global Silver Mining to 2024 - Updated with Impact of COVID-19
Summary
The publisher's "Global Silver Mining to 2024 - Updated with Impact of COVID-19" provides a comprehensive coverage on the global silver industry. It provides historical and forecast data on silver production by country, production by company, reserves by country and world silver prices. The report also includes a demand drivers section providing information on factors that are affecting the global silver industry. It further profiles major silver producers, information on the major active, planned and exploration projects by region.
Global silver mine production is estimated to have declined for the fourth consecutive year in 2020, with a drop of 2.4% to 849.7 million ounces (Moz). Operational suspensions, amid COVID-19 pandemic coupled with mine-specific impacts such as declining ore grades at many large silver mines and maintenance shutdowns, will have a significant impact on global silver production in 2020. While the largest declines in 2020, are estimated to have been in Peru, followed by China, Argentina, Bolivia and Russia. Simultaneously, the US performed well over the same period, supported by the uninterrupted operations at the Greens Creek mine coupled with the ramp-up at the Lucky Friday mine. Looking ahead, global silver production is expected to increase by 8.1% in 2021 to 918.3moz and then exceed 1 billion ounces by 2024 - a 3.2% CAGR. Mexico, Peru and China will be the key contributors towards this growth, with combined production in these countries expected to increase from a forecast 393.9Moz in 2021 to 443.9Mkoz in 2024.
Scope
Reasons to Buy
Summary
The publisher's "Global Silver Mining to 2024 - Updated with Impact of COVID-19" provides a comprehensive coverage on the global silver industry. It provides historical and forecast data on silver production by country, production by company, reserves by country and world silver prices. The report also includes a demand drivers section providing information on factors that are affecting the global silver industry. It further profiles major silver producers, information on the major active, planned and exploration projects by region.
Global silver mine production is estimated to have declined for the fourth consecutive year in 2020, with a drop of 2.4% to 849.7 million ounces (Moz). Operational suspensions, amid COVID-19 pandemic coupled with mine-specific impacts such as declining ore grades at many large silver mines and maintenance shutdowns, will have a significant impact on global silver production in 2020. While the largest declines in 2020, are estimated to have been in Peru, followed by China, Argentina, Bolivia and Russia. Simultaneously, the US performed well over the same period, supported by the uninterrupted operations at the Greens Creek mine coupled with the ramp-up at the Lucky Friday mine. Looking ahead, global silver production is expected to increase by 8.1% in 2021 to 918.3moz and then exceed 1 billion ounces by 2024 - a 3.2% CAGR. Mexico, Peru and China will be the key contributors towards this growth, with combined production in these countries expected to increase from a forecast 393.9Moz in 2021 to 443.9Mkoz in 2024.
Scope
- The report contains an overview of the global silver mining industry including key demand driving factors affecting the global silver mining industry.
- It provides detailed information on reserves, reserves by country, production, production by country, production by company, major operating mines, competitive landscape, major exploration and development projects.
Reasons to Buy
- Comprehensive evaluation of the impact of COVID-19 on global silver industry
- To gain an understanding of the global silver mining industry, relevant driving factors
- To understand historical and forecast trend on global silver production
- To identify key players in the global silver mining industry
- To identify major active, exploration and development projects by region
Table of Contents
1. Executive Summary4. Major Exporters and Importers
2. Reserves, Production and Prices
3. Silver Assets
5. Demand
6. Major Silver Producers
7. Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Industrias Penoles SAB de CV
- KGHM Polska Miedz
- Glencore Plc
- Pan American Silver Corp.
- Hindustan Zinc Ltd
- Polymetal International plc
- Compania De Minas Buenaventura SAA
- Southern Copper Corp.
- Hochschild Mining plc
