Posted October 12, 2018 07:07:48 It may be a bit of a surprise, but Canada has the highest amount of silver mined in the world, according to a new report from the Canadian Institute for Advanced Research (CIAR).
The report, which looks at mining operations in the province of Saskatchewan, has been commissioned by the Saskatchewan Federation of Mines, which oversees mines in the area.
CIAR, which has a history of working on gold and silver mining projects, says the province is now the world’s top silver producer.
It found that Saskatchewan’s silver production is up by almost 3 per cent compared to 2016.
The province also produced the world gold production for the first time, up to $2.9 billion in 2017.
The country’s total production of silver and gold rose by a combined 6.3 per cent, according the report.
While the silver is mined in Canada, the process is also used in a number of other countries including the United States and Brazil.
A mining company in the US, Silver Creek Mining Company, said it had found a way to extract gold from the ore.
The company says it could eventually use the process to extract copper and nickel from the rock.
“We’re doing something that’s not really available in the U.S.,” said Steve D’Aloisio, Silver Crow’s chief executive.
“The gold is mineable.”
Saskatchewan has more than 1,100 gold and copper mines, including the world-renowned Silver Creek mine in northwestern Saskatchewan, which produces gold and platinum at a rate of 5.8 tonnes per day.
Silver Creek was established in 1924 and is owned by the government of Saskatchewan.
It’s the fourth-largest copper mine in the country.