Gold & Precious Metals
Silver Mining by Company
Largest Silver Miners
| # | Miner | 2025 silver (Moz) |
|---|---|---|
| 1 | First Majestic (AgEq) | 31.1 |
| 2 | Pan American | 22.8 |
| 3 | Coeur | 17.9 |
| 4 | Hecla | 17.0 |
| 5 | Silvercorp (Mar FY) | 7.0 |
| 6 | Endeavour | 6.5 |
Silver Price Since 1960
Silver Miner Operating Margin
Latest fiscal year.
Silver Miner Revenue
Latest fiscal year.
Silver Miner Revenue Trend
Pan American
$3.7B2025
Coeur
$2.1B2025
Hecla
$1.4B2025
First Majestic
$1.3B2025
Endeavour Silver
$468M2025
Silvercorp
$438M2026
Fiscal 2016 to 2026, one scale.
Silver Demand by Use
Industrial
639.6 Moz2026F
Coin and bar
257.6 Moz2026F
Jewelry
159.4 Moz2026F
Silverware
33.5 Moz2026F
Photography
22.5 Moz2026F
2023 to 2026F, million ounces, one scale. Dashed: Metals Focus forecast.
Photovoltaic Silver Demand
Silver Market Balance
Supply minus demand, Moz.
Silver Mine Production by Country
2025, tonnes.
Pan American: Silver Versus Gold
Thousand ounces.
SilverFY 2025: 22,837 koz
GoldFY 2025: 742 koz
Hecla Silver AISC
USD per ounce.
Silver Miner Free Cash Flow
Operating cash flow minus capex.