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SHOWCASE SILVER MINE OF THE WEEK – PENASQUITO!!

Penasquito, located in the north-eastern part of the state of Zacatecas, Mexico, is the world’s biggest silver mine by reserve. The proven and probable silver reserves of the mine as of December 2012 stood at 911.8 million ounces (Moz). Silver contained in the mill ore was estimated at 869.52Moz, whereas the heap leach ore reserves were estimated to contain 42.28Moz of silver. The poly-metallic mine containing gold, silver, lead and zinc is owned and operated by Goldcorp. The mine started commercial production in 2010. It consists of two open pits, namely Peñasco and Chile Colorado, which together constitute the largest open-pit mine operation in Mexico. The ore processing capacity of the mine complex is 130,000t a day. Penasquito is expected to continue to produce silver for a further 22 years - "MiningTechnology.com".

To view the mine in Google Maps, kindly click on the link below:

“https://goo.gl/maps/Eq7pmDWgEwJJqjMR8”

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