Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

The History of Silver

The mining of Silver began some 5000 years ago.
Silver was first mined in about 3000 B.C. in Anatolia (modern day Turkey). These early lodes were a valuable resource for the civilizations that flourished in the Near East, Crete, and Greece throughout antiquity.

However, no single event in the history of silver rivals the importance of the discovery of the New World in 1492. This momentous finding and the years that followed reinvented the role of silver throughout the world.

The Spanish conquest of the New World led to mining of the silver element that dramatically eclipsed anything that had come before that time. Between 1500 and 1800, Bolivia, Peru and Mexico accounted for over 85 percent of world Production and trade.

Later, several other countries began to contribute more substantially, notably the United States with the discovery of the Comstock Lode in Nevada. Silver Production continued to expand worldwide, growing from 40 to 80 million Troy Ounces Annually by the 1870s.

Discoveries in Australia, Central America and Europe greatly augmented total world silver production. The twenty years between 1900 and 1920 resulted in a 50 % increase in global production, and brought the total to about 190 million Troy Ounces annually. These increases were spurred by discoveries in Canada, the United States, Africa, Mexico, Chile, Japan, and other countries.

Today, more than 5000 years after ancient cultures first began to mine this precious metal, yearly global mine production averages 671 million troy ounces.

https://www.silverinstitute.org/site/silver-essentials/silver-in-history/




This post first appeared on Childrens Jewellery Industry, An Area Not To Be Ig, please read the originial post: here

Share the post

The History of Silver

×

Subscribe to Childrens Jewellery Industry, An Area Not To Be Ig

Get updates delivered right to your inbox!

Thank you for your subscription

×