The Silver Institute
The Silver Institute is a nonprofit international association founded in 1971 that serves as the global voice for the silver industry, producing market research (including the annual World Silver Survey), demand-development programs, and educational content for mining, refining, bullion, manufacturing, and investment constituencies worldwide.
- Company typePrivate
- Founded1971
- HeadquartersWashington, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What The Silver Institute does
The Silver Institute is a nonprofit international industry association founded in 1971 and headquartered in Washington, DC, that operates as the recognized global voice for the silver market. Its core function is to expand public awareness of silver's industrial, investment, and jewelry applications, and to provide market participants with reliable statistics on supply, demand, prices, and trade flows. The Institute's flagship product is the annual World Silver Survey, published since 1990 in collaboration with Metals Focus, which aggregates mine production, scrap supply, industrial demand, jewelry/silverware demand, investment flows, and price/forecast data. Complementary offerings include the bimonthly Silver News newsletter (in English, Spanish, and Chinese), the Talking Silver podcast, Market Trend Reports on specific end-use segments, and the Silver Promotion Service (SPS) initiative focused on jewelry demand development.
The Institute is funded primarily through membership dues paid by approximately 29 enterprise members spanning the global silver supply chain: leading miners (Fresnillo, Pan American Silver, Hecla, Endeavour Silver, Coeur Mining), refiners (MKS PAMP, Valcambi), bullion and streaming firms (Wheaton Precious Metals), manufacturers, wholesalers, and logistics providers. Secondary revenue comes from publication sales (e.g., the World Silver Survey 2025 at $225 per copy) and conference and event participation fees for forums such as the India Silver Conference and the annual World Silver Survey launch events. The organization runs a lean operation of 1-10 staff and is governed by member-elected officers, with Fresnillo CEO Octavio Alvidrez serving as Chairman and Michael DiRienzo as President and CEO. The Institute's technology stack is fundamentally a content and market-research publishing platform rather than a software product; it does not offer a public API and does not have disclosed AI/ML capabilities.
The Silver Institute firmographics
Firmographics- Name
- The Silver Institute
- Legal name
- The Silver Institute
- Website
- https://silverinstitute.org
- Company type
- Private
- Founded year
- 1971
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- The Silver Institute is a nonprofit international association founded in 1971 that serves as the global voice for the silver industry, producing market research (including the annual World Silver Survey), demand-development programs, and educational content for mining, refining, bullion, manufacturing, and investment constituencies worldwide.
- Ownership category
- akta.pro rank
The Silver Institute industry classification
Industry- Product category
- Precious Metals Industry Association
- NAICS
- Gold Ore and Silver Ore Mining (21222)
- SIC
- Services-Membership Organizations (8600), Metal Mining (1000)
- akta.pro primary industry
- Silver Mining (IMAKAEAB)
- akta.pro secondary industry
- Precious Metal Jewelry (Gold/Platinum/Silver) (CRAKAAAD)
Keywords
Where The Silver Institute is headquartered
LocationHeadquarters
- HQ city
- Washington
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
The Silver Institute business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Revenue model
- Membership Dues: The Silver Institute draws its membership from across the silver industry including leading silver mining houses, refiners, bullion suppliers, manufacturers of silver products, and wholesalers of silver investment products. Membership fees support the institute's operations and market development programs.
- Publication Sales: Sale of World Silver Survey reports and other market publications. The World Silver Survey 2025 is priced at $225.00, and World Silver Survey 2024 at $95.00. Many publications are available for free download.
- Conference and Event Participation: Hosting events such as the India Silver Conference and World Silver Survey launches that generate revenue through attendance fees and sponsorship.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | World Silver Survey 2025 |
| One time/ perpetual license | Pay-as-you-go | World Silver Survey 2024 |
| Other | Pay-as-you-go | Research Publications |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels10 records
The Silver Institute product offering
Product offeringCore offering
The Silver Institute is a nonprofit international industry association that serves as the global voice for the silver industry, founded in 1971. It provides market intelligence through the annual World Silver Survey (produced with Metals Focus since 1990), publishes the bimonthly Silver News newsletter in English, Spanish, and Chinese, produces the Talking Silver podcast, and runs demand-development programs such as the Silver Promotion Service. The organization is funded primarily through membership dues from leading silver mining companies, refiners, bullion suppliers, manufacturers, and wholesalers.
Product overview
The Silver Institute is a nonprofit international industry association established in 1971 that serves as the global voice for silver awareness. It operates as a publishing and research organization rather than a technology company. Its core offerings include the annual World Silver Survey (produced with Metals Focus), the bimonthly Silver News newsletter (available in English, Spanish, and Chinese), the Talking Silver podcast series, and various Market Trend Reports covering specific industry segments. The organization also provides educational resources on silver's industrial applications (solar, electronics, catalysts, medicine, automotive), sustainability information, and silver price/investment guidance. These offerings are disseminated through its website and are primarily informational/educational in nature rather than software products.
Differentiator
Problem solved
Functional benefit
Brands
- Silver Promotion Service (SPS): A division focused on stimulating demand for silver jewelry in major markets through digital platforms and promotional initiatives
- Talking Silver
Products and services
- World Silver Survey Annual flagship publication providing comprehensive global silver market analysis, including supply and demand statistics, price data, mine production figures, trade information, and above-ground stocks. Published since 1990 in collaboration with Metals Focus.
- Silver News Newsletter Bimonthly newsletter covering trends in the silver industry, market developments, member company news, and industry events. Available in English, Spanish (Noticias de Plata), and Chinese (银界资讯).
- Talking Silver Podcast Podcast series hosted by Michael DiRienzo featuring interviews with industry leaders, covering silver mining, sustainability, clean energy applications, market analysis, and silver's role in technology.
- Market Trend Reports Specialized reports on specific silver market segments including automotive industry, solar power, electronics, brazing alloys, jewelry demand, and investment trends. Produced in collaboration with Metals Focus and other research partners.
- Silver Supply & Demand Data Comprehensive data on global silver supply (mine production, scrap recycling) and demand (industrial, jewelry, silverware, investment) compiled in partnership with Metals Focus research team.
- Silver Industry Information Hub Educational resource detailing silver's industrial applications including solar technology, electronics, catalysts, brazing/soldering, bearings, medicine, automotive, water purification, and photography.
- Silver & Sustainability Resources Information on silver's role in sustainable technologies including water purification, healthcare, clean energy, and electric vehicles. Includes member company sustainability reporting and UN Sustainable Development Goals alignment.
- Silver Promotion Service (SPS) Initiative focused on stimulating demand for silver jewelry in major markets through digital platforms and promotional content highlighting silver jewelry designs from leading silver brands.
- Industry Membership Membership-based association for silver mining companies, refiners, bullion suppliers, manufacturers, and wholesalers. Provides access to market data, networking, governance participation, and demand-development programs.
Quantifiable outcome
- Six consecutive years of market deficit forecasts (2021-2026)
- +2 more outcomes
Companies that use The Silver Institute
Customer profileNamed customers8 records
Segments5 records
Ideal customer profiles4 records
The Silver Institute technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
The Silver Institute partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- Metals FocuscoreThe Silver Institute works with Metals Focus, a leading research company based in London, to prepare and publish the comprehensive World Silver Survey annually. This collaboration provides market participants with reliable supply and demand statistics, mine production data, silver trade information, above ground stocks, prices, leasing rates, and investment data.
- World Silver Council MemberscoreCollaborates with member companies across the silver industry including Andean Precious Metals, Fresnillo Plc, Hecla Mining, Pan American Silver, Endeavour Silver, Coeur Mining, and others to develop and publish market research and implement demand-driving programs.
- India Silver Conference OrganizersminorThe Silver Institute participates in the India Silver Conference, an event aimed at developing stronger silver demand in India covering both supply and demand aspects of India's silver market.
- Silver Promotion Service (SPS)coreThe Silver Promotion Service is an initiative focused on stimulating demand for silver jewelry in major markets. The SPS creates digital platforms and promotional content to highlight silver jewelry designs available from leading silver brands.
Scale indicators8 records
Recent moves9 records
Expansion highlights5 records
The Silver Institute competitors and assessment
Company assessmentDirect peers
- London Bullion Market Association (LBMA): LBMA is the global trade association for the over-the-counter precious metals market, setting standards (Good Delivery), publishing data, and representing refiners, bullion banks, and trading firms. It overlaps directly with The Silver Institute in serving precious-metals refiners (e.g., MKS PAMP, Valcambi are both LBMA and Silver Institute members) and competing for member mindshare and event sponsorship.
- Nickel Institute: Nickel Institute is a nonprofit association representing global nickel producers that funds market development, applications research, and sustainability messaging. It mirrors the Silver Institute's mission structure across a different specialty metal.
- International Platinum Group Metals Association (IPA): IPA is a nonprofit industry association representing the global platinum-group metals (PGM) industry, covering mining, refining, and end-use applications. Like the Silver Institute, it funds demand-development programs, publishes market statistics, and operates with industry-leader members (e.g., Anglo American, Sibanye-Stillwater) in a small-team nonprofit structure.
- International Tin Association (ITA): ITA is a nonprofit industry association for the global tin industry that produces market statistics, demand-development programs, and member-supported research — a structurally identical peer to The Silver Institute but for a different base metal.
- World Gold Council: The World Gold Council is the closest analogue to The Silver Institute: a nonprofit trade association that promotes gold demand, funds market research (e.g., Gold Demand Trends), and operates a global membership-driven model with an industry CEO serving as chairman — structurally identical in mission, governance, and revenue streams.
- Silver Users Association (SUA): SUA is a smaller, U.S.-focused trade association historically representing industrial silver users and fabricators. While distinct in mandate (defending industrial silver interests versus mining promotion), it is a peer nonprofit association operating in the same silver ecosystem.
Broad incumbents
- International Council on Mining and Metals (ICMM): ICMM is a broader, more established industry association covering global mining and metals, with sustainability and ESG leadership. It is a broader incumbent; silver-mining members of The Silver Institute also engage with ICMM, making it a partial peer in advocacy and sustainability publishing.
- Responsible Jewellery Council (RJC): RJC is a nonprofit standards-setting and certification body for the jewelry supply chain, including silver jewelry. It overlaps with the Silver Institute's Silver Promotion Service (SPS) program, which targets the same jewelry-manufacturer and retail segment.
Others
- Metals Focus: Metals Focus is the Silver Institute's research partner and co-publisher of the World Silver Survey, providing supply/demand statistics and price analysis. It is an OTHERS peer because it is a research vendor rather than a competing association, but understanding its role is essential given how dependent the Institute is on this partnership for its flagship publication.
Regional players
- Mining Association of Canada (MAC): MAC is the national trade association for the Canadian mining industry, representing major Canadian members including several Silver Institute members (Pan American Silver, Endeavour Silver). It is a regional peer operating in the same membership ecosystem as the Silver Institute.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
The Silver Institute social profiles
Digital presenceThe Silver Institute financial estimates
Financial estimateRevenue estimate
Valuation estimate
The Silver Institute leadership team
Management profileNumber of profiles
Profiles5 records
The Silver Institute subsidiaries and ownership
Company hierarchySubsidiaries1 record
The Silver Institute funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
The Silver Institute M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about The Silver Institute
What does The Silver Institute do?
The Silver Institute is a nonprofit international industry association that serves as the global voice for the silver industry, founded in 1971. It provides market intelligence through the annual World Silver Survey (produced with Metals Focus since 1990), publishes the bimonthly Silver News newsletter in English, Spanish, and Chinese, produces the Talking Silver podcast, and runs demand-development programs such as the Silver Promotion Service. The organization is funded primarily through membership dues from leading silver mining companies, refiners, bullion suppliers, manufacturers, and wholesalers.
Is The Silver Institute a public or private company?
The Silver Institute is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was The Silver Institute founded?
The Silver Institute was founded in 1971. It employs 1 to 10 people.
Where is The Silver Institute based?
The Silver Institute is headquartered in Washington, United States, in the North America region.
How does The Silver Institute make money?
Three revenue lines are on record. Membership Dues are the primary driver. The others are publication Sales and conference and Event Participation.
Who are The Silver Institute's main competitors?
Direct peers on record are London Bullion Market Association (LBMA), Nickel Institute, International Platinum Group Metals Association (IPA), International Tin Association (ITA), World Gold Council and Silver Users Association (SUA). Broad incumbents are International Council on Mining and Metals (ICMM) and Responsible Jewellery Council (RJC). Metals Focus is listed as an others. Mining Association of Canada (MAC) is listed as a regional player.
Does The Silver Institute have an API?
No public API is recorded for The Silver Institute.
What industry is The Silver Institute in?
The Silver Institute's product category is Precious Metals Industry Association. Its primary akta.pro industry code is IMAKAEAB, Silver Mining, with a secondary code of CRAKAAAD, Precious Metal Jewelry (Gold/Platinum/Silver). Its NAICS code is 21222 and its SIC code is 8600.