Mexico Silver production

How Much Have The Top Two Silver Producing Countries Mine Supply Fallen So Far This Year?

While the top two silver mining countries in the world have ramped up production since the pandemic lockdowns, Peru is still struggling to get to full capacity.  Also, Mexico’s silver production in September is still less than it was last year.  Because Mexico and Peru account for nearly 40% of…

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PERU EXTENDS LOCK-DOWN ALONG WITH MEXICO: An Estimated 40% Of Global Silver Mine Supply Now Offline

Now that the Peruvian Government announced an extension of the country’s state of emergency until April 26th, the world’s first and second-largest silver producers have taken 40% of global silver mine supply offline for a month.  Actually, Peru first announced its national quarantine on March 15th.  So, the country’s mines…

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Mexico’s Second Largest Silver Mine Shuts Down, Reopens & Shuts Down Again

In the past five months, Mexico’s second-largest silver mine was shut down, reopened and the recently shut down once again.  Due to a new blockade at Newmont-Goldcorp’s Penasquito Mine, stemming from issues with a local trucking contractor, the company has temporarily ceased operations. Unfortunately for Newmont-Goldcorp, 2019 was supposed to…

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