The history of silver mining dates back to ancient times
Today, silver is mined in mines all over the world. The demand for silver is increasing and there is a silver deficit.
Silver, as well as gold and copper, was already known around 4,000 years before Christ. Silver production really took off with the discovery of America and when Cortez came to Mexico in 1519. In 1522, the first silver from Mexico found its way to Europe. In 1536, the first mint was opened in Mexico. Today, the world's largest silver deposit is located in Zacatecas, Mexico. Silver was also mined in Peru. The largest silver mine of the late Middle Ages, "the mother of all mines" so to speak, is located in Tyrol. Around 500 years ago, the town of Schwaz became the largest mining metropolis in the world. In the 19th century, Spain was an important country for silver production. However, silver discoveries in the USA surpassed everything that had gone before. Nevada, Utah, Colorado, California, Arizona, Idaho, Oregon and Montana were particularly rich in silver. Australia was also an important supplier of silver in the 19th century. Silver visibly lost its importance as a currency in the 20th century. Today, silver is indispensable in many industrial applications. Renewable energies in particular consume silver. The precious metal also stands for wealth and value. The most important silver mining countries today are Mexico, Peru, Australia and China. Even though silver production in Mexico has declined, the country is still one of the most important producers. If all the silver ever mined is taken together, more than 25 percent comes from Mexico. Sierra Madre Silver and Gold and Fortuna Mining operate there today.
Sierra Madre Gold and Silver - https://www.commodity-tv.com/ondemand/companies/profil/sierra-madre-gold-silver/ - owns gold and silver projects in Mexico. The revitalization of the La Guitarra mine is encouragingly increasing the daily production rate and generating revenue.
Fortuna Mining - https://www.commodity-tv.com/ondemand/companies/profil/fortuna-mining-inc/ - is active in Mexico, as well as in Peru, Burkina Faso, Argentina and the Ivory Coast. Production of 457,000 to 497,000 ounces of gold equivalent is expected for the current year.
Current company information and press releases from Fortuna Mining (https://www.resource-capital.ch/en/companies/fortuna-mining-corp/ ) and Sierra Madre Gold and Silver (https://www.resource-capital.ch/en/companies/sierra-madre-gold-and-silver-ltd/ ).
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