Discover why Mexico stands as the global leader in silver production, offering unparalleled opportunities in the world's most prolific silver mining jurisdiction.
A rich heritage spanning centuries of silver mining excellence
Mexico is the world's leading silver producer, contributing significantly to the global silver supply. In 2023, Mexico produced approximately 6,400 metric tons (or roughly 205.8 million ounces) of silver, accounting for 24.6% of the estimated global silver production.
Mexico recently overtook Peru as the single largest global silver producer. Most notably, it accomplished this without making a single new grassroots silver discovery. The key to this success lies within the thousands of past-producing small to medium sized mines that litter the country.
Unlocking the vast potential of historical mining districts with modern technology
The miners of the past have already paved the way for today's generation of silver miners; they made the discoveries. Modern miners can now take advantage of these historical discoveries due to the fact that many of these old mines - particularly the smaller ones - still have a tremendous amount of silver yet to be mined.
Simply put; today's Mexico silver miners have the advantage of time.
Most of Mexico's historic mining efforts focused on the "low-hanging fruit" via super-high-grade, easily accessible at-surface deposits or, underground along the best-of-the-best bonanza-style vein systems.
Today's silver explorers are finding incredibly vast resources of silver mineralization at these past-producing small to medium sized mines that previous operators either simply didn't identify or had considered them to be too low grade and small in scale.
With the combination of modern exploration and processing techniques, elevated silver metal prices and by factoring in the value of the credits from the additional metals which are extracted at the same time as the silver itself, today many of these historic deposits have become amenable for extremely profitable mining.
Moreover, many of these deposits are open in all directions, which allows for the opportunity for brownfields world-class deposit discoveries having the same high-grade silver that was so abundant for the Spaniards centuries ago, that they used it to shoe their horses!