There are more than 743 silver mines in operation globally, of which 127 are in Mexico, according to GlobalData’s mines and projects database. The following are the five largest silver mines by production in Mexico in 2022, according to GlobalData’s mining database, which tracks more than 33,000 mines and projects from early exploration to closure across more than 150 countries and over 100 commodities. Buy the latest mine-site profiles here.
1. Penasquito Mine
The Penasquito Mine is a surface mine located in Zacatecas. It is owned by Newmont and produced an estimated 31.63 million ounces of silver in 2022. The mine will operate until 2032. Buy the profile here.
2. Santa Elena Mine (Mexus Gold)
Located in Sonora, the Santa Elena Mine (Mexus Gold) is owned by Mexus Gold. The underground mine produced an estimated 14.91 million ounces of silver in 2022. Buy the profile here.
3. San Julian Project
The San Julian Project is located in Chihuahua. It is owned by Industrias Penoles Sde CV and produced an estimated 14.85 million ounces of silver in 2022. The mine will operate until 2030. Buy the profile here.
4. Fresnillo Mine
The Fresnillo Mine, owned by Industrias Penoles Sde CV, is an underground mine located in Zacatecas. The mine produced an estimated 13.34 million ounces of silver in 2022. The mine will operate until 2028. Buy the profile here.
5. Saucito Mine
Owned by Industrias Penoles Sde CV, the Saucito Mine is an underground mine located in Zacatecas. It produced an estimated 11.94 million ounces of silver in 2022. The mine will operate until 2029. Buy the profile here.
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