Explore the latest trends and actionable insights on the Mining market to inform business strategy and pinpoint opportunities and risks.

Mexico: Five Largest Mines in 2021

  • Buenavista del Cobre Mine in Sonora, was the largest mine in Mexico, producing approximately 73.35 million metric tons per annum (mmtpa) of Run-of-Mine (ROM) and primarily produced copper (327.33 thousand tonnes) in 2021. The Buenavista del Cobre Mine is owned by Grupo Mexico SAB de CV. The second largest mine with approximately 35.91 mmtpa of ROM and primarily producing zinc (214.32 thousand tonnes), was the Penasquito Mine located in Zacatecas. The Penasquito Mine is owned by Newmont Corp, and is due to operate until 2033.

  • La Caridad Mine located in Sonora was the third-largest mine, the Herradura Mine located in Sonora was the fourth-largest mine, and the El Coronel Mine located in Zacatecas was the fifth-largest mine, with an estimated ROM production of 35.83 mmtpa, 22.7 mmtpa and 15 mmtpa, respectively, in 2021. Primarily, the La Caridad Mine produced approximately 107 thousand tonnes of copper, the Herradura Mine produced approximately 1,009 thousand ounces of silver and the El Coronel Mine produced approximately 119 thousand ounces of gold in the year 2021. The La Caridad Mine is owned by Grupo Mexico SAB de CV, the Herradura Mine is owned by Industrias Penoles SAB de CV which is due to operate until 2035 and the El Coronel Mine is owned by Minera Frisco SAB de CV.

  • The five largest mines, i.e., Buenavista del Cobre Mine, Penasquito Mine, La Caridad Mine, Herradura Mine, and El Coronel Mine, cumulatively produced approximately 182.79 mmtpa of ROM in 2021

Mexico: Five Largest Mines in 2021

Published: July 2022
Source: GlobalData

Explore the latest trends and actionable insights on the Mining market to inform business strategy and pinpoint opportunities and risks. Explore the latest trends and actionable insights on the Mining market to inform business strategy and pinpoint opportunities and risks. Visit Report Store
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