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Mexico

Noche Buena Mine

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Noche Buena Mine

Location: 57 km NW from Caborca, Sonora, Mexico

Regional Office:

Callejón Sin Nombre No. 209 Oeste, Col. Centro
Caborca
Sonora, Mexico
83600

Contacts:

Additional Resources for Suppliers & Investors

Categories

Summary

Mine TypeOpen Pit
StageResidual leach
Commodities
  • Gold
  • Silver
Mining Method
  • Truck & Shovel / Loader
Production Start... Lock
SnapshotMining operations at the Noche Buena open pit were completed in May 2023 and the mine closure plan is proceeding as expected.

While pit operations have ceased, inventory recovery continues as long as it remains economically viable. The progressive closure plan focuses on restoring land for livestock and wildlife use, with a 20-year post-closure commitment to rehabilitation and maintenance. This includes the removal of most access roads, power corridors, and water infrastructure, while ensuring waste facilities and processing areas are safely decommissioned. Certain structures, such as leaching pads, may require extended care.

Owners

SourceSource
CompanyInterestOwnership
Industrias Penoles SAB de CV 74.99 % Indirect
Minera Penmont, S. de R.L. de C.V (operator) 100 % Direct
Noche Buena is operated by Minera Penmont S. de R.L. de C.V as a subsidiary of Fresnillo Plc. Fresnillo is the 100 percent owner.

Fresnillo plc is 75% owned subsidiary of Industrias Peñoles SAB de CV.

Fresnillo plc is listed independently on the London Stock Exchange (LSE) and the Mexican Stock Exchange (BMV), and has its own management team, administrative structure, and governing bodies.

Deposit type

  • Vein / narrow vein
  • Hydrothermal

Summary:

Reserves

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Mining Methods

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Heavy Mobile Equipment

Fleet data has not been reported.

Comminution

Crushers and Mills

Milling equipment has not been reported.

Processing

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Water usage

Parameter2024202320222021
Fresh water 1,468 ML1,753 ML2,316 ML2,168 ML

Commodity Production

CommodityUnits2024202320222021202020192018201720162015
Gold oz  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 127,166 167,208 172,282 182,280 158,179
Silver oz  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 57,754 51,616 31,324 32,631 72,868

Operational metrics

Metrics202320222021202020192018201720162015
Ore tonnes mined  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 12,167 kt 18,196 kt 17,821 kt 17,432 kt 17,400 kt
Total tonnes mined  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 48,621 kt 80,305 kt 85,233 kt 81,423 kt 82,373 kt
Tonnes processed  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 12,166,900 t 18,195,744 t 17,820,817 t 17,431,718 t 17,399,931 t

Production Costs

CommodityUnits20242023202220212020201920182017
Cash costs (sold) Gold Equivalent USD  ....  Subscribe
Cash costs (sold) Gold USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 847.8 / oz **   735.4 / oz **   793.5 / oz **  
All-in sustaining costs (sold) Gold Equivalent USD  ....  Subscribe
All-in sustaining costs (sold) Gold USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 922.86 / oz **   1,030 / oz **   870.05 / oz **  
** Net of By-Product.

Operating Costs

Currency20232022202120202019201820172016
Total operating costs ($/t milled) USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe

Mine Financials

Units20242023202220212020201920182017
Capital expenditures M USD  ....  Subscribe  ....  Subscribe  ....  Subscribe 5.7   50.2   18.7  
Revenue M USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 176.7   211.4   215.5  
Gross profit M USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 58.3   85.9   75.5  
EBITDA M USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe

Personnel

Mine Management

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Apr 28, 2025
....................... Subscription required ....................... Subscription required Subscription required Apr 28, 2025

Workforce

EmployeesContractorsTotal WorkforceYear
...... Subscription required ...... Subscription required ...... Subscription required 2023
...... Subscription required ...... Subscription required ...... Subscription required 2022
...... Subscription required ...... Subscription required ...... Subscription required 2021
...... Subscription required ...... Subscription required ...... Subscription required 2020
...... Subscription required ...... Subscription required ...... Subscription required 2019
...... Subscription required ...... Subscription required ...... Subscription required 2018
...... Subscription required ...... Subscription required ...... Subscription required 2017
...... Subscription required ...... Subscription required ...... Subscription required 2016
...... Subscription required ...... Subscription required ...... Subscription required 2015

Aerial view:

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