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The acquisition of La Negra mine not only transformed Aurcana from an exploration company to a developer/producer, but also created a solid foundation for the company to begin its growth. | ||
The La Negra mine was discovered and developed by Industriales Peņoles S.A. de C.V. The mine commenced production in 1970 and produced until the mine was put on care and maintenance in 2000. Historical production as reported by Peņoles was approximately 6.6 million tonnes of ore with metal production as follows:
Historical Reserves In addition to the 6.6 million tonnes of ore mined by Peņoles the historical reserves* are 1.22 million tones grading:
1,000 tpd mill:
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