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They bought and traded with Asia using the silver and gold mined in Mexico and Peru.

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Q: What did Europeans do with the gold and silver that was mined from Mexico and Peru?
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Related questions

Where in Latin America is silver mined?

The largest and most productive silver mines in Latin America - and the world, for that matter - are located in Mexico and Peru.


Where does the Us get its silver from?

Silver in mined in several different countries. Mexico is the largest producer of silver. Other countries who produce large amounts of silver are Peru, China, Australia, and Russia.


What percent of the world's silver is mined in Mexico?

14.8% (96.4 million ounces of silver) just behind the world's largest producer (Peru, with 111.6 million ounces of silver or 17.1% of the world's total).


What metals are mined in Peru?

copper, zinc, gold, silver, and lead.


Where did most of the worlds silver come from between 1600 and 1800s?

Bolivia, Peru & Mexico.


Where is the element silver found most in the world?

Mexico is currently the world's largest exporter of silver. Large amounts of it are also mined in Peru, Bolivia, and Argentina. In fact, the name Argentina comes from the Latin word for silver, argentum, which is why silver's abbreviation on the periodic table is "Ag."


Where is galena mined?

It is found in the USA [Texas, Oklahoma, Missouri], Germany, Peru, Mexico, Zambia, and England.


Which country produces the most silver?

Peru, Mexico, China, Australia, Russia. In that order.


What valuable did Spain find in Mexico and Peru?

Gold and silver.


Which country is largest producer for silver?

Peru, then Mexico and China. It was Mexico until Feb 2008


What Latin American country mines silver?

Peru and Mexico are the largest suppliers of silver in the world.


Where is the largest silver mine?

Peru and Mexico have been mining silver since 1546.