According to GlobalData, there are over 2309 underground mines in operation globally, of which 178 are in South and Central America. GlobalData tracks and profiles over 33,000 mines and projects from early exploration to closure, across more than 150 countries and more than 100 commodities. Buy the latest mine-site profiles here.
The following are the ten largest underground mining projects by production in South and Central America in 2023, according to GlobalData’s mining database.
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1. Cerro Lindo Mine
The Cerro Lindo Mine is a zinc mining project in Ica, Peru. The greenfield project is owned by Votorantim and is due to operate until 2030. The mine produced an estimated 5.981Mt of ROM in 2023. It had an estimated production of 78.2 thousand tonnes of zinc in 2023. Buy the profile here.
2. Tayahua Mine
The Tayahua Mine is a zinc mine owned by Minera Frisco Sde CV. Located in Zacatecas, Mexico, the brownfield mine produced approximately 3.502Mt of ROM in 2023. It had an estimated production of 29.47 thousand tonnes of zinc in 2023. Buy the profile here.
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3. Jacobina Mine
Located in Bahia, Brazil, the Jacobina Mine is a gold mining project owned by Pan American Silver. The mine is expected to operate until 2035.
The brownfield mine produced an estimated 3.419Mt of ROM in 2023. It had an estimated production of 230 thousand ounces of gold in the same year. Buy the profile here.
4. San Julian Project
The San Julian Project is a silver mine located in Chihuahua, Mexico. Owned by Industrias Penoles Sde CV, the greenfield project produced an estimated 3.333Mt of ROM in 2023.
The mine had an estimated production of 13.6 million ounces of silver in 2023. The San Julian Project will operate until 2027. Buy the profile here.
5. Marcapunta Norte Mine
Owned by Compania De Minas Buenaventura SAA, the Marcapunta Norte Mine is a copper mine situated in Pasco, Peru.
The ROM production at the mine produced was approximately 3.288Mt of ROM in 2023. It had an estimated production of 46.4 thousand tonnes of copper in 2023. Buy the profile here.
6. Las Cuevas Mine
The Las Cuevas Mine is a fluorspar mining project in San Luis Potosi, Mexico. The greenfield project is owned by Globe Metals & Mining. The mine produced an estimated 3.224Mt of ROM in 2023. It had an estimated production of 1.21 mtpa of fluorspar in 2023.
7. Nemisa Mine
The Nemisa Mine is a copper mine owned by Negociacion Minera Santa Maria de la Paz y Anexas, de. Located in San Luis Potosi, Mexico, the greenfield mine produced approximately 2.876Mt of ROM in 2023. It had an estimated production of 17.22 thousand tonnes of copper in 2023. Buy the profile here.
8. Carola Mine
Located in Atacama, Chile, the Carola Mine is a copper mining project owned by Carola Coemin Mining Group.
The brownfield mine produced an estimated 2.854Mt of ROM in 2023. It had an estimated production of 20.84 thousand tonnes of copper in the same year.
9. Fresnillo Mine
The Fresnillo Mine is a silver mine located in Zacatecas, Mexico. Owned by Industrias Penoles Sde CV, the brownfield project produced an estimated 2.791Mt of ROM in 2023.
The mine had an estimated production of 13.3 million ounces of silver in 2023. The Fresnillo Mine will operate until 2027. Buy the profile here.
10. Velardena Project
Owned by Industrias Penoles Sde CV, the Velardena Project is a zinc mine situated in Durango, Mexico. The mine is expected to operate until 2037.
The ROM production at the mine produced was approximately 2.72Mt of ROM in 2023. It had an estimated production of 80.55 thousand tonnes of zinc in 2023. Buy the profile here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Mining Intelligence Center tracks production, consumption, imports and exports of 17 key commodities across 60 countries, whilst its Mines & Projects Database tracks over 30,000 mines and projects with 200+ data fields for each, including production, operating costs, equipment and key mine-site contacts.
