Intro: Mexico’s mining industry shines the most when it comes to its silver production. The country was the world’s largest silver producer for the seventh successive year in 2016, churning out 21 percent of the global share. Silver producers will continue to prioritize cost reduction and efficiency to promote a healthy cash flow. But, following a worldwide trend of reduced production, national output in Mexico dropped 9.2 percent in 2016 in comparison to the previous year. To maintain its global dominance and take advantage of the positive outlook for silver prices, Mexico needs to boost production rates and invest in exploration to replace aging projects. Corporate decision-makers and public figures will highlight the primary trends in Mexico’s silver industry, the development of the country’s main projects and the most important factors driving demand and supply.
Key Question: What must Mexico do to ensure that it remains at the top of the world’s silver production list over the long term?