In 2010, the Peñasquito mine achieved commercial production on schedule and on budget. Full-year 2014 gold production is expected to be between 530,000 to 560,000 ounces; production of silver is expected to total 22 to 25 million ounces; zinc production is expected to total 315 to 325 million pounds and lead production is expected to total 135 to 145 milion pounds.
Peñasquito will be Mexico's largest open pit mine, consisting of two open pits - Peñasco and Chile Colorado - containing gold, silver, lead and zinc. Exploration continues to expand the high-grade manto deposits beneath the Peñasquito pit. Assay results have demonstrated significant potential for concurrent, high-grade production from mantos below the current pits, later in the life of the mine.
* Due to rounding, numbers may not add up.