Here are the five largest silver mines by production in Mexico, according to GlobalData’s mining database.

1. Penasquito Mine

The Penasquito Mine is a surface mine located in Zacatecas. It is owned by Newmont and produced an estimated 27,801 Thousand Ounces of silver in 2020. The mine will operate until 2032.

2. Saucito Mine

Located in Zacatecas, the Saucito Mine is owned by Industrias Penoles. The underground mine produced an estimated 15,532 Thousand Ounces of silver in 2020. The mine will operate until 2024.

3. San Julian Project

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The San Julian Project is located in Chihuahua. It is owned by Industrias Penoles and produced an estimated 13,306 Thousand Ounces of silver in 2020. The mine will operate until 2023.

4. Fresnillo Mine

The Fresnillo Mine, owned by Industrias Penoles, is an underground mine located in Zacatecas. The mine produced an estimated 13,055 Thousand Ounces of silver in 2020. The mine will operate until 2027.

5. Santa Elena Mine

Owned by Mexus Gold, the Santa Elena Mine is an underground mine located in Sonora. It produced an estimated 12,272 Thousand Ounces of silver in 2020.

Methodology:
This information is drawn from GlobalData’s mines and projects database, which tracks all operating and developing mines and projects globally. Verdict’s parent company GlobalData provides business information to 4,000 of the world’s largest companies.

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