The largest gold mine in Mexico, with continued successful reserve growth.

In operation since 2007, Los Filos is currently the largest gold mine in Mexico (although its production is expected to be surpassed by the Peñasquito mine in 2012). New exploration continues to support the potential for significant new reserves in the current open-pit and underground operations as well as in the new 4P project adjacent to Los Filos pit.

The Los Filos operation consists of two open-pit mines – Los Filos and El Bermejal – and one underground mine. The open-pit operation began commercial production in January 2008.

Current exploration efforts are targeted at the 4P project, located along a ridge in the west part of the Los Filos intrusive. Further drilling is planned at 4P with the aim of developing an open-pit mine that will be integrated into the existing operations. The underground mine in operation is a supplementary source of production at Los Filos. Recent exploration is now proving the continuity of the El Bermejal pit to the north and south, and of Los Filos to the south towards the 4P area.