Peñasquito

Peñasquito, located about 780 km northwest of Mexico City, produces gold, silver, lead and zinc. The property began production in 2009, with commercial production being achieved in 2010. Goldcorp became owner of the mine in 2006 when it purchased Glamis. In 2019, Newmont acquired Goldcorp, obtaining full ownership interest in Peñasquito, which consists of the Peñasco and Chile Colorado open pit mines.

Location
780 km northwest of Mexico City, state of Zacatecas, Mexico
Mine Type
Open pit
Metals
Gold, silver, lead, zinc
Annual Gold Production
415 Koz*
Annual Silver Production
28 Moz*
Annual Lead Production
98 Koz*
Annual Zinc Production
231 Koz*
Date of First Production
2009

Key Facts

  • A world-class asset, Peñasquito’s open pit mine is the world’s fifth largest silver mine and Mexico’s second biggest.
  • The mine has delivered 1.4 to 1.8 million gold equivalent ounces per year since the 2019 Goldcorp acquisition.
  • Currently processing stockpiles during transition from Phase 7 to Phase 8 in the Peñasco pit.
  • Focused on stripping with higher grades expected beginning in 2028.
  • Reserves*
    • 3.2 million ounces of gold
    • 1.5 million tonnes of zinc
    • 700,000 tonnes of lead
  • Resources*
    • 1.7 million ounces of gold
    • 1.4 million tonnes of zinc
    • 195.1 million ounces of silver

* As of FY 2025. Latest Earnings Results | See Cautionary Statement

Learn About Peñasquito Job Opportunities
Learn About Our Commitment to Local Procurement

Quick Links

Contact

T: 52 (55) 5201-9600
info@goldcorp.com
Paseo de las palmas 425-15 Lomas de Chapultepec 11000 Mexico, D. F.