El Peñón mine

El Peñón mine
Location
Antofagasta Region
CountryChile
Production
ProductsGold, silver
History
Opened1999
Owner
CompanyPan American Silver
Year of acquisition2023

The El Peñón mine is an underground mine[1] that is of one of the most productive gold mines in Chile and in the world.[2] It also produces silver.[1]

In 2023 it had a production of 180,230 ounces gold and ranked second or third in gold production among mines in Chile, behind Escondida and on par with Centinela.[3]

It was formerly owned by Yamana Gold but is since April 2023 owned by Pan American Silver.[4][1]

The mine is located in the northern part of Chile in Antofagasta Region.[2] The mine had by 2013 estimated reserves of 2.72 million oz of gold and 84.6 million oz of silver.[2] It has a planned closure year in 2031.[3]

References

  1. ^ a b c "El Peñón". Pan American Silver. Retrieved 2025-05-15.
  2. ^ a b c "El Peñón". yamana.com. 2013. Archived from the original on 2013-06-22. Retrieved 2013-07-02.
  3. ^ a b "The five largest gold mines in operation in Chile". Mining Technology. 2024-06-18. Retrieved 2025-05-12.
  4. ^ "Pan American Silver completa adquisición de Yamana Gold". Reporte Minero & Energético (in Spanish). 2023-04-03. Retrieved 2025-05-15.