How much silver has been found in the world?

As of recent estimates, over 1.7 million metric tonnes of silver have been mined throughout history. Unlike gold, silver is more abundant in the Earth’s crust and is extracted from silver ore or as a byproduct of mining for other metals like lead, copper, and zinc. Silver is widely used in industries such as electronics, solar energy, and jewelry, which contributes to its ongoing demand. In Canada, major silver-producing areas include Ontario, British Columbia, and Quebec, making the country one of the top global contributors to silver production.

While a significant amount of silver remains untapped in the Earth, much of the accessible silver has already been mined or is in circulation. Silver’s value fluctuates based on market demand, and many Canadians invest in silver bullion, coins, or jewelry as a store of value. With both industrial and investment uses, silver remains a vital and versatile precious metal worldwide.