Question

Which country is the largest producer of silver in the world?
a. Nigeria
b. Brazil
c. Mexico
d. Peru

Answer 1

Hint: Silver is a precious metal which has invaluable uses in various industries, like electricity and jewelleries. Latin America produces most of the silver of the world. And the country that produces the most of it accounts for nearly one-third of the entire production from Latin America.

Complete answer:
Let us look at the options one by one.
Option a: Nigeria is well known for producing a large amount of oil and gas. Not only does it have the largest reserves of oil and gas in Africa, it also is the largest producer of the same. However, it does not produce as much silver. Thus, it is not a correct option.
Option b: Brazil has huge deposits of precious metals, including gold and silver. It is the sixth largest producer of gold in the world. However, it does not produce so much silver as to be the biggest producer of the same. Hence, it is an incorrect option.
Option c: Mexico has huge silver deposits. In 2019, it produced approximately 190 million ounces of silver, and is thus, the largest producer of silver not just in Latin America, but also in the world. Thus, it is the correct option.
Option d: Peru is right behind Mexico in terms of silver production. It produced around 135 million ounces of silver in 2019, thus putting it second to Mexico. So, it is not the correct option either.
Hence, the right answer is option, ‘c. Mexico’.

Note: Production of silver in Mexico in such enormous quantities is possible because of the presence of enormous silver reserves in the country. Penasquito, situated in Zacatecas, a state in Mexico, has the largest silver mine in the world in terms of reserves.