Operation: Saucito
| > Underground silver mine, in operation since 2011 |
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Saucito is 8km southwest of the Fresnillo mine. The Group is developing basic infrastructure for the local ejido (collective community) of Saucito del Poleo, population of 317 (2010 census). The Saucito shaft was commissioned in 1Q 2010 and the project comprises a system of epithermal veins containing silver, gold, lead and zinc. The first stage of the mining plan includes the development of the Saucito, Jarillas and Mezquite veins. The Santa Natalia and Jarillas West veins will be explored and integrated in the second stage of the project. |
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| > Overview |
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| Ownership |
100% Fresnillo plc |
| Location |
Zacatecas |
| Facilities |
Underground mine and flotation plant |
| Milling Capacity |
3,000 tpd / 990,000 tpy |
| Workforce |
767 contractors |
| In operation since |
2011 |
| Mine Life |
2.8 years |
| > History |
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| 2004 |
Drilling commenced |
| 2009 |
Construction commenced |
| 2011 |
Commercial production 1H2011 |
| > Production |
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1Q12 |
1Q11 |
% Change |
| Silver (koz) |
1,494 |
187 |
>100 |
| Gold (oz) |
11,358 |
831 |
>100 |
| Lead (t) |
485 |
59 |
>100 |
| Zinc (t) |
349 |
45 |
>100 |
Download Quarterly Operating Statistics
Download Annual Operating Statistics
| > Financial Highlights |
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2011 |
2010 |
% Change |
| Adjusted Revenues (US$m) |
234.6 |
- |
- |
| Gross Profit (US$m) |
177.5 |
- |
- |
| Capital Expenditure (US$m) |
65.3 |
- |
- |
| > What we plan to do in 2012 |
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• Ramp ip production to 6.5 million ounces of silver
• Obtain Clean Industry certification, initiate OHSAS 18001 and ISO 14001 certification process
• Expand the tailings dam |
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