1. Explore
The search for ore deposits that expand our resource base
Strategic focus » Extend the growth pipeline.
- Priorities: Allocate funding across metal price cycles; advance prospects and projects along the exploration pipeline in accordance with strict criteria (early stage - drilling - advanced); convert resources to reserves.
- KPIs: Total attributable resources by metal
- Competitive Advantages: Several concessions in Mexico; a team of talented, dedicated geologists; rigorous approach to prospects, with only those that demonstrate a minimum potential of 150 moz of silver or 2 moz of gold advancing; strict criteria on ore grades, metallurgical recoveries and environmental impact
Key assets
|
Asset |
District |
Commodity |
|
Ciénega |
Silver and gold |
|
|
Fresnillo |
Silver |
|
|
Herradura |
Gold |
|
|
» Orisyvo |
Chihuahua (greenfield) |
Gold |
|
Mexico / Peru |
- |
Key risks
» Impact of global macroeconomic developments
» Access to land
» Potential actions by the government
» Security
» Public perception against mining
» Exploration
» Human resources
» Access to land
» Potential actions by the government
» Security
» Public perception against mining
» Exploration
» Human resources