Peñasquito Polymetallic Mine

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The Peñasquito Polymetallic Mine is the fifth largest silver mine in the world and the second largest in Mexico.[1] It is located in north-eastern corner of the State of Zacatecas and is wholly owned by the Canadian company Goldcorp through a Mexican subsidiary, Minera Peñasquito, S.A. de C.V. It is an open pit operation which began operations in March 2010,[2] but still managed to produce 13,952,600 ounces of silver that year.[1] Estimated reserves for the Peñasquito Mine are 17.82 million oz of gold, 1,070.1 million oz of silver, 3,214 tons of lead and 7,098 million tons of zinc.[2]


The country rock consists of Mesozoic sediments that were deposited in the Basin of Mexico (Mexico Geosyncline). These sediments were intruded by quartz-feldspar porphyries, quartz monzonite porphyries, and other feldspar-phyric intrusives in the late Eocene to the mid-Oligocene, which form sills, dikes, and stocks. The primary ore for the Peñasquito Polymetallic Mine is in two diatreme breccias, named the Peñasco and the Brecha Azul. The mineralization contains gold, silver, lead and zinc. The diatremes flare upward, and are filled with brecciated country rock and intrusions. The rock surrounding the diatremes contain disseminated galena, sphalerite and sulfosalts within phyllic (sericitepyritequartz) and proplytic (chloriteepidote–pyrite) hydrothermal alteration envelopes. Where the diatremes intersect limestone units manto deposits of ore mineralization occur.[3]


  1. ^ a b Obel, Mike (15 December 2011). "10 Biggest Silver Mines in the World". International Business Times. 
  2. ^ a b Staff (2011). "Peñasquito Polymetallic Mine, Zacatecas, Mexico". of Net Resources International. [unreliable source?]
  3. ^ Belanger, Maryse; Pareja, Guillermo; Nahan, Peter (31 December 2010). "Peñasquito Polymetallic Operation, Zacatecas State, Mexico, NI 43-101 Technical Report" (PDF). 

Coordinates: 24°51′43″N 101°28′36″W / 24.86194°N 101.47667°W / 24.86194; -101.47667