| Total global supply of silver fell in 2011, states the Silver Institute in its latest World Silver Survey 2011 report. Mexico was the biggest silver producer in the world in 2011, followed by Peru, China, Australia and Chile.
Total silver supply fell to 1040.6 million ounces (Moz) in 2011, down 3.17% from 1074.7 million ounces in 2010. Within the total supply, mine production rose to 761.6 million ounces from 751.4 million ounces during 2010...............................................Full Article: Source |