SSC MTS EXAM

Detailed explanation-1: -As the world’s top producer of silver and twelve other distinct minerals, Mexico’s mining sector represents a leading opportunity for U.S. exporters. The industry has grown over ten percent annually since 2017.

Detailed explanation-2: -A. Mexico is the largest silver mining country in the world, producing 5, 541 tonnes (178 million oz) of silver, or 23% of the total mine production and 18% of total silver supply in 2020.

Detailed explanation-3: -Penasquito Mine in Zacatecas, was the largest silver-producing mine in Mexico, producing approximately 31, 375 thousand ounces of silver and an estimated 35.9 million metric tons per annum (mmtpa) of Run-of-Mine (ROM) in 2021.