Mining Intelligence and News
Mexico

San Julian Mine

Click for more information

Categories

Summary

Mine TypeUnderground
StatusActive
Commodities
  • Silver
  • Gold
  • Zinc
  • Lead
Mining Method
  • Sub-level stoping
Backfill type ... Lock
Production Start... Lock
Mine Life... Lock
SnapshotThe San Julián silver-gold mine is a significant part of Fresnillo's production goals. In 2024, San Julián mine contributed 21.0% to total silver production and generated 12.9% of total Adjusted revenue.

An important step change took place at San Julián mine in 2024, where the Disseminated Ore Body (DOB) approached the end of its life. Mining activities at the San Julián DOB concluded in November 2024 and the closure plan is underway.

During the 2024 year, production at San Julián Veins increased on the back of higher ore grades and improved dilution control, partially compensating for the fall in production at the DOB. Exploration activities have identified high grades of silver and some gold, giving confidence in the future of the San Julián mine.

Owners

SourceSource
CompanyInterestOwnership
Industrias Peñoles SAB de CV 74.99 % Indirect
Minera San Julián, S.A. de C.V. (operator) 100 % Direct
San Julian mine is owned and operated by Minera San Julián, S.A. de C.V., a wholly-owned subsidiary of Fresnillo plc.

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
  • Epithermal

Summary:

The San Julian mine displays a silver resource in two different types of ore bodies: (i) typical low sulphidation epithermal veins and (ii) disseminated sulphides in subvolcanic and volcanic felsic rocks. Exploration strategy involved early recognition of Cienega-style characteristics providing confidence in the geologic model, and persistence when evaluating the non-typical disseminated mineralization.

Reserves

Lock

- subscription is required.

Mining Methods

Lock

- subscription is required.

Heavy Mobile Equipment

Fleet data has not been reported.

Comminution

Crushers and Mills

Milling equipment has not been reported.

Processing

Lock

- subscription is required.

Commodity Production

CommodityProductUnits202420232022202120202019201820172016
Silver Metal koz  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe13,00914,63010,5342,066
Gold Metal oz  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe64,60082,34384,53231,397
Zinc Metal in concentrate t  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe22,69722,0277,849
Zinc Concentrate kt  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe464416
Lead Metal in concentrate t  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe7,6486,1013,598
Lead Concentrate kt  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe16138.6

Operational metrics

Metrics202420232022202120202019201820172016
Tonnes milled  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe3,492 kt3,492 kt2,218 kt423 kt

Production Costs

Commodity production costs have not been reported.

Mine Financials

Units20242023202220212020201920182017
Capital expenditures M USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 65.3   83.1   79.1  
Revenue M USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 339.8   366.5   287.2  
Gross profit M USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 128.2   176.5   174.7  
EBITDA M USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe

Personnel

Mine Management

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Aug 12, 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

Aerial view:

Lock

- subscription is required.