Penasquito

Gold Corp., a Vancouver-based mining company, expects to more than triple output at its mine in Mexico, Penasquito, which is expected to produce 10 million ounces of silver in 2011, up from about 3 million ounces in 2009, according to GFMS.

Price of Silver Soaring Carolyn Cui 2010

Goldcorp, the world's second-largest gold producer by market value, began producing concentrates last October at its new Penasquito mine, and in April reported its first full quarter of operations.

Mining On The Upswing In Mexico 2010

"The growth comes primarily from continued increases in production at Penasquito in Mexico," Jeannes said.

Forbes.com: News Kitco News 2011

Major rains and forest fires forced the gold miner to cut its 2011 production guidance last year as its Penasquito mine in Mexico saw lower processing rates, slower than expected progress on a dam and supplier issues, and part of its Pueblo Viejo project suffered significant damage as a result of major rainfall.

The Globe and Mail - Home RSS feed CRAIG WONG 2012

TSX: G, NYSE: GG looks to increase its gold production in the fourth quarter as output continues to ramp up at its still-new Penasquito mine in Mexico, production in Guatemala remains strong and mining at Red Lake in Canada starts shifting back away from lower-ore-grade areas, says the company's chief executive officer.

Forbes.com: News Kitco News 2011

"But Penasquito will continue to grow significantly over the next couple of years as we get into the better-grade portions of the deposit."

Forbes.com: News Kitco News 2011

Goldcorp said it expects significantly increased production at its Penasquito mine in Mexico, offset by lower production at its Marlin mine in Guatemala as it moves to 100 per cent underground mining.

The Globe and Mail - Home RSS feed CRAIG WONG 2012

Major rains and forest fires forced the gold miner to cut its 2011 production guidance last year as its Penasquito mine in Mexico saw lower processing rates, slower than expected progress on a dam and supplier issues, and part of its Pueblo Viejo project suffered significant damage as a result of major rainfall.

The Globe and Mail - Home RSS feed CRAIG WONG 2012

Goldcorp's star mine producer, Penasquito, is expected to generate 350,000 ounces of gold production at negative cash costs in 2011.

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Goldcorp said it expects significantly increased production at its Penasquito mine in Mexico, offset by lower production at its Marlin mine in Guatemala as it moves to 100 per cent underground mining.

The Globe and Mail - Home RSS feed CRAIG WONG 2012