Historic Silver Production

  
Posted July 16, 2009 in History of Mining

Source: United States Geological Survey

SILVER STATISTICS By Kenneth E. Porter and Henry E. Hilliard [All values in metric tons (t) unless otherwise noted] Last modification: February 5, 2004

Click here for definition of terms

Year Mine production Primary production Secondary production Shipments Imports Exports Stocks Apparent consumption Unit value ($/t) Unit value (98$/t) World production
1900 1,790 1,790           420 20,000 390,000 5,400
1901 1,720 1,720 38         402 19,000 380,000 5,380
1902 1,730 1,730 87         515 17,000 320,000 5,060
1903 1,690 1,690 122         499 17,000 320,000 5,220
1904 1,740 1,790 83         554 19,000 340,000 5,110
1905 1,750 1,740 137         601 20,000 360,000 5,360
1906 1,780 1,760 122         558 22,000 390,000 5,130
1907 1,630 1,760 72         686 21,000 370,000 5,730
1908 1,580 1,630 112   1,380 1,610   630 17,000 310,000 6,320
1909 1,780 1,700 216   1,440 1,790   652 17,000 300,000 6,600
1910 1,790 1,780 50   1,430 1,780   721 17,000 300,000 6,900
1911 1,900 1,880 178   1,360 2,040   818 17,000 300,000 7,040
1912 2,050 1,980 227   1,510 2,240   704 20,000 340,000 6,980
1913 2,210 2,080 245         719 19,600 323,000 7,010
1914 2,170 2,250 210   807 1,610   701 18,000 294,000 5,240
1915 2,250 2,330 218   1,070 1,670   714 16,400 264,000 5,730
1916 2,450 2,310 308   1,000 2,200   691 21,500 322,000 5,250
1917 2,200 2,230 343   1,660 2,620   498 27,000 344,000 5,420
1918 2,120 2,110 296   2,220 7,860   831 31,500 340,000 6,140
1919 1,610 1,760 201   2,780 7,430   816 36,000 340,000 5,490
1920 1,760 1,720 270   2,740 3,530   600 32,800 267,000 5,390
1921 1,440 1,650 218   1,970 1,600   897 20,300 184,000 5,330
1922 1,900 1,750 206   2,200 1,950   973 21,900 212,000 6,530
1923 2,190 2,280 263   2,320 2,250   882 20,900 199,000 7,650
1924 1,990 2,030 278   2,300 3,420   767 21,500 205,000 7,450
1925 2,070 2,060 308   2,910 4,270   931 22,200 207,000 7,650
1926 1,940 1,950 311   3,480 4,440   915 19,900 183,000 7,890
1927 1,850 1,880 316   2,980 4,130   917 18,300 171,000 7,900
1928 1,800 1,820 330   3,570 4,540 775 18,600 178,000 8,020
1929 1,890 1,910 354   3,390 4,480   964 17,000 162,000 8,120
1930 1,480 1,470 295   3,120 4,170   836 12,200 120,000 7,740
1931 929 962 291   3,070 2,840   757 9,320 99,900 6,080
1932 712 746 305   1,110 1,300   450 9,000 107,000 5,130
1933 725 715 576   4,460 1,360   336 11,300 141,000 5,340
1934 1,030 1,020 877   4,470 655   357 15,400 188,000 5,990
1935 1,520 1,430 1,120   14,700 156   165 20,600 245,000 6,890
1936 1,920 1,980 520   6,910 86   595 14,500 170,000 7,920
Year Mine production Primary production Secondary production Shipments Imports Exports Stocks Apparent consumption Unit value ($/t) Unit value (98$/t) World production
1937 2,240 2,240 733   3,340 66   862 14,500 164,000 8,640
1938 1,960 1,950 574   5,980 57   628 13,800 160,000 8,320
1939 2,040 2,030 777   4,350 663   1,390 12,500 147,000 8,300
1940 2,230 2,160 702   3,280 297   1,380 11,300 131,000 8,570
1941 2,090 2,250 633   2,600 263   2,250 11,300 125,000 8,140
1942 1,680 1,740 934   3,310 160   3,150 12,200 122,000 7,780
1943 1,290 1,270 1,370   687 1,070   3,670 14,500 136,000 6,380
1944 1,070 1,110 1,750   421 6,720   3,740 14,500 134,000 5,740
1945 903 904 1,820   604 4,190   3,930 16,700 152,000 5,040
1946 713 656 1,140   1,120 1,170   2,710 25,700 214,000 3,970
1947 1,110 1,200 867   1,700 916   3,060 23,100 169,000 5,220
1948 1,180 1,220 743   1,550 40   3,270 23,800 161,000 5,440
1949 1,080 1,090 705   1,980 94   2,740 23,100 159,000 5,570
1950 1,320 1,320 1,410   2,310 143   3,420 23,800 161,000 6,320
1951 1,240 1,240 1,450   1,620 199   3,270 28,600 179,000 6,210
1952 1,230 1,240 779   1,390 62   3,000 27,300 168,000 6,700
1953 1,170 1,170 603   1,360 32   3,300 27,300 167,000 6,900
1954 1,150 1,110 579   1,300 52   2,680 27,300 166,000 6,670
1955 1,160 1,130 687   898 150   3,150 28,600 174,000 7,000
1956 1,200 1,200 933   3,100 107   3,110 29,300 175,000 7,020
1957 1,190 1,200 1,190   3,300 278   2,970 29,300 170,000 7,190
1958 1,060 1,140 1,120   974 34   2,660 28,600 162,000 7,430
1959 970 715 1,310   912 282   3,140 29,300 163,000 6,910
1960 957 1,140 700   537 818   3,170 29,300 161,000 7,320
1961 1,080 1,090 902   488 1,220   3,280 29,600 162,000 7,370
1962 1,140 1,130 124   1,220 382   3,430 35,000 189,000 7,650
1963 1,100 1,090 199   541 939   3,420 41,200 219,000 7,780
1964 1,130 1,150 417   265 3,320   3,830 41,500 218,000 7,730
1965 1,240 1,210 221   214 1,220   4,260 41,500 215,000 8,010
1966 1,360 2,470 1,140   841 2,650   5,710 41,500 208,000 8,300
1967 1,010 1,680 1,040   929 2,130 1,617 5,320 49,800 243,000 8,030
1968 1,020 2,280 1,790   1,300 3,190 2,401 4,520 68,800 323,000 8,560
1969 1,300 2,600 2,480   1,230 1,800 2,666 4,400 57,550 255,900 9,200
1970 1,400 2,530 1,740 2,190 920 536 2,547 3,990 56,910 238,900 9,360
1971 1,290 2,140 935 3 696 264 1,748 4,020 49,830 200,600 9,170
1972 1,160 2,410 967 0 799 830 1,620 4,700 54,010 210,500 9,380
1973 1,170 2,340 1,070 0 2,530 255 1,194 6,670 82,310 301,900 9,700
Year Mine production Primary production Secondary production Shipments Imports Exports Stocks Apparent consumption Unit value ($/t) Unit value (98$/t) World production
1974 1,050 1,970 1,740 0 2,800 177 1,533 4,900 151,400 500,600 9,260
1975 1,090 1,870 1,590 0 1,920 704 1,076 2,990 142,100 430,500 9,430
1976 1,070 1,690 1,560 0 2,090 236 952 4,810 139,900 400,500 9,840
1977 1,190 1,400 1,490 0 2,160 280 1,107 3,850 148,500 399,600 10,300
1978 1,230 1,690 1,150 0 1,910 311 922 4,610 173,600 433,800 10,700
1979 1,180 1,580 1,240 0 2,440 508 498 4,060 356,600 800,900 10,800
1980 1,010 1,220 1,650 0 2,020 1,780 537 2,840 663,300 1,312,000 10,700
1981 1,270 1,460 1,220 62 2,360 471 649 5,240 338,200 606,200 11,200
1982 1,250 1,510 933 0 3,010 400 637 4,670 255,600 431,700 11,500
1983 1,350 1,800 915 0 5,010 425 543 5,560 367,800 601,900 12,100
1984 1,390 1,850 866 0 2,910 322 660 5,300 261,700 410,800 13,100
1985 1,230 1,670 866 0 4,240 392 574 6,390 197,400 299,200 13,100
1986 1,070 1,320 762 317 3,900 314 550 5,670 175,900 261,500 13,000
1987 1,240 1,420 810 442 2,110 350 471 3,990 225,400 323,300 14,000
1988 1,660 1,470 852 207 2,260 444 480 4,140 209,900 289,300 15,500
1989 2,010 1,720 714 337 3,060 430 544 5,060 176,800 232,500 16,400
1990 2,120 1,940 454 107 2,700 736 583 4,360 155,000 193,300 16,600
1991 1,860 1,880 215 255 2,530 787 618 3,830 129,900 155,400 15,600
1992 1,800 2,160 145 356 2,660 911 677 4,060 126,700 147,200 14,900
1993 1,640 1,790 162 404 2,180 705 735 3,260 138,200 156,000 14,100
1994 1,490 1,810   186 2,060 868 929 4,820 170,100 187,000 14,000
1995 1,560     220 2,630 2,810   4,880 165,600 177,100 14,900
1996 1,570     232 2,580 2,900   4,930 166,900 173,400 15,100
1997 2,180 2,200   109 2,120 2,980 395 4,980 157,200 159,700 16,500
1998 2,060 2,300   250 2,800 2,250 400 5,300 178,000 178,000 17,200
1999 1,950 2,000   277 2,660 481   5,500 169,000 165,000 17,600
2000 1,980 2,780   404 3,810 279 462 6,300 161,000 152,000 18,400
2001 1,740 2,640     2,940 707 360 5,800 141,000 130,000 19,300
2002 1,420 2,580     4,020 624 280 5,340 145,000 132,000 20,000

Silver Worksheet Notes

Data Sources
The sources of data for the silver worksheet are the mineral statistics publications of the U.S. Bureau of Mines and the U.S. Geological Survey—Minerals Yearbook (MYB) and its predecessor, Mineral Resources of the United States (MR); and Mineral Commodity Summaries (MCS) and its predecessor, Commodity Data Summaries (CDS). Metal price data were from Metal Prices in the United States through 1998 (MP98). The years of publication and corresponding years of data coverage are listed in the References section below. Blank cells in the worksheet indicate data were not available.

Mine Production
Mine production data for the years 1900–2002 were recorded from the MR and the MYB. Mine production data for the years 1900– 2002 represent the recoverable silver content of precious–metal ores that were extracted from domestic mines.

Primary Production
Primary production data for the years 1900–2002 were recorded from the MR and the MYB. Primary production data for the years 1900–2002 represent the quantity of silver that were recovered from ores, concentrates, dorés, and precipitates from both domestic and foreign sources in domestic refineries. Data for primary silver production for 1995 and 1996 are not available due to lack of reporting by industry.

Secondary Production
Secondary production data for the years 1901–93 were recorded from the MR and the MYB. Secondary production data for the years 1901–93 represent the silver recovered from old silver scrap and waste at domestic refineries. Secondary production from old scrap has not been reported separately from new scrap since 1993.

Shipments
Shipment data for the years 1970–97 were recorded from the CDS and the MCS. Shipment data for the years 1970–97 represent the silver content of various silver materials that were shipped from Government stockpiles to domestic recipients.

Imports
Import data for the years 1908–2002 were recorded from the MR and the MYB. Import data for the years 1908–2002 represent the recoverable silver content in imported silver bullion.

Exports
Export data for the years 1908–2002 were recorded from the MR and the MYB. Export data for the years 1908–2002 represent the recoverable silver content in exported silver bullion.

Stocks
Stock data for the years 1967–2002 were recorded from the MYB. Stock data for the years 1967–2002 represent the silver content of various silver materials that were stockpiled at industrial facilities consisting of producers, consumers, and dealers. Industry stock data were not available prior to 1967. Blank fields indicate data were not reported in the MYB or MCS.

Apparent Consumption
Apparent consumption data for the years 1901–94 and 1997–2002 were recorded from the MR and the MYB. Apparent consumption data for the year 1900 was estimated by linear extrapolation back from the series for the years 1901–10. Apparent consumption data for the years 1995–96 were interpolated from the apparent consumption data series. Apparent consumption data for the years 1901– 2002 represent the total quantity of silver that was consumed for industrial, art, and coinage purposes.

Unit Value ($/t)
Unit value data for the years 1900–98 were recorded from the MP98. Unit value data for the years 1999–2002 were recorded from the MYB. Unit value is defined as the value of 1 metric ton (t) of silver apparent consumption. Unit value data for the years 1900–2002 represent the average value per metric ton of silver of a minimum purity of 99.9%.

Unit Value (98$/t)
The Consumer Price Index conversion factor, with 1998 as the base year, is used to adjust unit value in current U.S. dollars to the unit value in constant 1998 U.S. dollars.

World Production
World production data for the y

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