Silver ingot. Credit: Aatze78 / CC-BY-SA 3.0
For the last nine uninterrupted years, silver production is displaying a positive growth and is expected to increase by 4 % in 2011. Last year, in 2010, Mexico overtook Peru as the largest silver producing nation and should maintain its position firmly in 2011. Soaring silver prices indicates increased profitability for silver mining companies and a renewed zest for exploration, investment & development.