https://newsletter.mw.creamermedia.com
Electrical|Gold|Testing|Equipment|Infrastructure
Electrical|Gold|Testing|Equipment|Infrastructure
electrical|gold|testing|equipment|infrastructure

Fresnillo nears commissioning of new silver mine

26th October 2022

By: Mariaan Webb

Creamer Media Senior Deputy Editor Online

     

Font size: - +

Commissioning of the new Juancipio mine has encountered a slight delay, Mexican precious metals miner Fresnillo reported on Wednesday, explaining that the tie-in of the pyrites plant to the national grid had been extended by a few weeks.

State-owned electricity regulator CFE has requested additional testing to verify compatibility between the new and updated substation equipment installed by Juancipio and existing older CFE infrastructure before the final tie-in to the electrical grid.

CEO Octavio Alvidrez said that the additional testing was on track and that the final tie-in should be achieved by the end of the month, whereafter commissioning and ramp-up would start.

At full capacity, the new mine would produce nearly 12-million ounces a year of silver, making a considerable contribution to the company’s overall silver production, he said.

Fresnillo now expects to reach 60% capacity by the end of the year, which is lower than the earlier guidance, given the unexpected delay to final tie-in. However, expectations for Juancipio are unchanged.

Meanwhile, Alvidrez reported a solid third quarter of production, with continued improvement volumes at Fresnillo and Saucito.

Quarterly attributable silver production of 13.6-million ounces, including Silverstream, decreased 5.4% compared with the second quarter, but was 7.4% higher than in the third quarter, owing to the higher contribution from Juanicipio, higher ore processed and ore grade at Fresnillo and higher ore grade at Saucito. This was partly offset by the expected lower ore grade and decreased volume of ore processed at San Julián disseminated orebody.

Quarterly attributable gold production of 159 200 oz remained flat quarter-on-quarter, and increased by 7.7% year-on-year.

Fresnillo is on track to meet its 2022 full-year guidance of 50.5-million to 56.5-million ounces of attributable silver and 600 000 oz to 650 000 oz of attributable gold production.

Edited by Creamer Media Reporter

Article Enquiry

Email Article

Save Article

To advertise email advertising@creamermedia.co.za or click here

Showroom

Willard
Willard

Rooted in the hearts of South Africans, combining technology and a quest for perfection to bring you a battery of peerless standing. Willard...

VISIT SHOWROOM 
CSIR International Convention Centre (CSIR ICC)
CSIR International Convention Centre (CSIR ICC)

CSIR International Convention Centre (CSIR ICC) - the leading conference and events venue in Pretoria/Tshwane.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

This week: Africa must collaborate to protect the planet; Engen showcases digital innovation, long-term commitment to coal sector at Coal Africa 2025 and, Pilot Crushtec demonstrates innovation, sustainability in crushing solutions at Coal Africa 2025
Resources Watch
22nd October 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.158 0.231s - 145pq - 2rq
Subscribe Now