Where is silver most common? Silver can be found across many geographies, but approximately 56% of the world’s silver production is found in the Americas, with Mexico, Peru, and Chile supplying 43%. Outside of the Americas, China, Australia, and Russia combine to make up nearly 25% of the world’s production.
What rock is silver found in? Silver is found in lead, zinc, gold and copper ore deposits. The most important ore mineral of silver is argentite (Ag2S, silver sulfide). Silver is commonly extracted from ore by smelting or chemical leaching.
Is silver easy to find? In fact, the majority of silver is mined as a byproduct of other metals, and for approximately every 27,000 pounds of earth, there’s only one gram of silver. This, combined with the very low spot price of silver, renders mining this precious metal less profitable than mining other metals.
What is rarer gold or silver? Gold is more expensive because it’s by far the rarer metal. Worldwide, just 3,300 tons of gold were mined in 2019, compared to 27,000 tons of silver, according to the U.S. Geological Survey.