Mining Intelligence and News
Mexico

Parral Mine

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Categories

Overview

Mine TypeTailings
StatusActive
Commodities
  • Gold
  • Silver
  • Copper
Mining Method
  • Truck & Shovel / Loader
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Mine Life... Lock
SnapshotThe Parral operation is an agglomerated heap leach facility which is processing historic tailings.

During the year ended September 30, 2023, the GoGold commenced construction on a zinc circuit addition to the SART plant. The circuit began producing zinc in January 2024.

Owners

SourceSource
CompanyInterestOwnership
GoGold Resources Inc. 100 % Indirect
The Parral project is owned by GoGold Resources Inc. through its wholly owned Mexican subsidiary Grupo Coanzamex S.A. de C.V.

Deposit type

  • Tailings

Summary:

The Parral mining district is situated in the centre of the Mexican silver belt epithermal silver-gold vein districts. The geology of this belt is characterized by two volcanic sequences of Tertiary age, discordantly overlying deeply eroded Mesozoic sediments and older metamorphic rocks. The physiography of the belt resembles the basin and range area in the western USA, with wide, flat valleys and narrow, relatively low mountain ranges and hills.

The precious metal-bearing fissure vein type of mineral deposit is the most widespread and economically important type of deposit found in the belt. The belt has been recognized as a significant metallogenic province, which has reportedly produced more silver than any other equivalent area in the world.

Tailings from the Mina la Prieta mill were impounded on dry ground to the north of the mine and milling complex. The tailings were deposited over many years in flat, consistent layers, dewatered and eventually built up in 5 m lifts into raised heaps reaching a final height of 50 m. The physical consistency of the material is uniform and has an average particle size distribution of 80% passing 0.255 mm.

Reserves

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Mining Methods

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Comminution

Crushers and Mills

Milling equipment has not been reported.

Processing

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Production

CommodityProductUnits202320222021202020192018201720162015
Gold Metal in doré oz  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe8,6736,6557,9616,0281,975
Silver Metal in doré oz  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe1,033,365774,590545,465654,8641,113,526
Copper Sulfide t  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe
Silver Equivalent Metal in doré oz  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe1,781,0801,300,0461,146,5731,111,6291,261,890

Operational metrics

Metrics202320222021202020192018201720162015
Daily mining capacity  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe5,200 t5,200 t5,200 t
Annual mining capacity  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe1.8 Mt1.8 Mt1.8 Mt
Tonnes processed  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe1,654,393 t1,619,061 t1,166,789 t1,834,888 t1,584,798 t

Production Costs

CommodityUnits2023202220212020201920182017
Cash costs (sold) Silver Equivalent USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 11.8 / oz   18 / oz   16.8 / oz  
Cash costs (sold) Silver USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 9.06 / oz **   19.5 / oz **   17 / oz **  
All-in sustaining costs (sold) Silver Equivalent USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 14.8 / oz   22.3 / oz   25.7 / oz  
** Net of By-Product.

Financials

Units2023202220212020201920182017
Revenue M USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 27   21   17  
Operating Income M USD  ....  Subscribe  ....  Subscribe
After-tax Income M USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe -3.7   -73.3   -3.8  
Operating Cash Flow M USD  ....  Subscribe  ....  Subscribe

Heavy Mobile Equipment

Fleet data has not been reported.

Personnel

Mine Management

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Aug 28, 2024

EmployeesTotal WorkforceYear
...... Subscription required 2023
...... Subscription required 2022
...... Subscription required 2021
...... Subscription required 2020

Aerial view:

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