* Excluding Silverstream contract. ** Payable silver production. Codelco's production figures are estimated. *** Hindustan Zinc is a Vedanta Group company. Includes refined silver production from integrated operations only. **** Excludes 100 percent Fresnillo plc.
Estimate.
Polymetal JSC is a wholly-owned subsidiary of Mangazeya JSC.
In 2025, the Mexican mining company Fresnillo was the world's largest silver producing company, producing some **** million ounces of silver. The second-largest producer that year was the Polish company KGHM Polska Miedź, which produced nearly **** million ounces of silver.
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The Silver Institute. (April 15, 2026). Leading silver mining companies worldwide based on production in 2025 (in million ounces) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 14, 2026, from /statistics/253327/leading-silver-producing-companies/
The Silver Institute. "Leading silver mining companies worldwide based on production in 2025 (in million ounces)." Chart. April 15, 2026. ÌÇÐÄÆƽâ°æ. Accessed July 14, 2026. /statistics/253327/leading-silver-producing-companies/
The Silver Institute. (2026). Leading silver mining companies worldwide based on production in 2025 (in million ounces). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 14, 2026. /statistics/253327/leading-silver-producing-companies/
The Silver Institute. "Leading Silver Mining Companies Worldwide Based on Production in 2025 (in Million Ounces)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 15 Apr 2026, /statistics/253327/leading-silver-producing-companies/
The Silver Institute, Leading silver mining companies worldwide based on production in 2025 (in million ounces) ÌÇÐÄÆƽâ°æ, /statistics/253327/leading-silver-producing-companies/ (last visited July 14, 2026)
Leading silver mining companies worldwide based on production in 2025 (in million ounces) [Graph], The Silver Institute, April 15, 2026. [Online]. Available: /statistics/253327/leading-silver-producing-companies/
