Mining Intelligence and News
Mexico

Velardena-Penoles Mine

Click for more information

Categories

Summary

Mine TypeUnderground
StatusActive
Commodities
  • Gold
  • Silver
  • Lead
  • Zinc
  • Copper
Mining Method
  • Sub-level stoping
  • Longhole stoping
  • Cut & Fill
Backfill type ... Lock
Production Start... Lock
Mine Life... Lock
SnapshotVelardeña, better known as Minera Roble, is the second most important mine at the Mexican national level with respect to the extraction of Zinc and is the one with the greatest contribution of this metal for Grupo Peñoles.

Investments made in 2024 allocated to the following: preparation of reserves in the Antares bodies (Deep South and Deep North); mining development for deepening at La Industria; engineering, permits, and preparations for construction of a new tailings dam to ensure operational continuity; infrastructure preparation and commissioning of diamond drilling stations for the Reina del Cobre project; and acquisition and rebuilding of equipment to maintain the productivity of the diesel fleet inside the mine.

At the beneficiation plant, the grinding stage was optimized and the lead-copper and zinc flotation circuits were modified to reduce fines generation and improve metallurgical recoveries.

Owners

SourceSource
CompanyInterestOwnership
Industrias Peñoles SAB de CV 100 % Indirect
Velardeña mine is 100%-owned by Industrias Peñoles SAB de CV.

Deposit type

  • Skarn

Summary:

All data has been translated from Spanish with the assistance of AI.

The Velardeña deposit consists of three mineralized bodies known as Antares Norte (northern contact of the Rhyolitic Porphyry), Antares Sur (southern contact of the Rhyolitic Porphyry), and Cuerpo Santa María (partially exploited by IMMSA).

Mineralization: Skarn type with zinc sulfides, and minor amounts of copper, gold, lead, and silver. It is associated with the northern contact of the Rhyolitic Porphyry and the Aplitic Dike that extends from the porphyry.

Reserves

Lock

- subscription is required.

Mining Methods

Lock

- subscription is required.

Heavy Mobile Equipment

Lock

- subscription is required.

EV - Electric

Comminution

Crushers and Mills

Milling equipment has not been reported.

Processing

Lock

- subscription is required.

Commodity Production

Pounds equivalent of zinc are calculated: total gross sales / average zinc price.
CommodityUnits20242023202220212020201920182017
Gold oz  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe4,9795,1434,036
Silver koz  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe890840691
Lead t  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe5,2575,1184,217
Zinc t  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe82,48278,34580,728
Copper t  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe2,4982,3101,706
Zinc Equivalent M lbs  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe189172
All production numbers are expressed as metal in concentrate.

Operational metrics

Metrics20242023202220212020201920182017
Annual milling capacity  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe2.31 Mt2.15 Mt1.9 Mt
Tonnes milled  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe2,441 kt2,176 kt
Daily milling capacity  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe8,000 t

Production Costs

CommodityUnits20242023202220212020201920182017
Cash costs (sold) Zinc Equivalent USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 0.79 / lb   0.7 / lb   0.61 / lb  

Operating Costs

Currency20242023202220212020201920182017
Total operating costs ($/t milled) USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe

Mine Financials

Units20242023202220212020201920182017
Capital expenditures M USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 25.4   26.7   17.6  
Revenue M USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe

Personnel

Mine Management

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required May 17, 2025

Workforce

EmployeesTotal WorkforceYear
...... Subscription required 2023
...... Subscription required 2022

Aerial view:

Lock

- subscription is required.