The Velardeña Properties in Durango State, Mexico contain two past-producing underground silver and gold mines and two processing mills. Mining was suspended in November 2015 when a combination of low metals prices, mining dilution and metallurgical challenges rendered operations unprofitable.
As of August 2023, preparations to restart mining operations at Velardeña are progressing on schedule including arrangements with union staff, contract miners, plant operators, and support personnel. |