What is Fresnillo known for?

As a rail and highway junction, Fresnillo is the center of a rich mining area known especially for silver, and the location of one of the world’s richest silver mines, the Mina Proaño or Fresnillo Mine, which belongs to the Peñoles mining company.

Who owns Fresnillo?

Industrias Penoles S.A. de C.VFresnillo plc / Parent organizationPeñoles is a subsidiary company owned by Grupo BAL. Peñoles is the second largest Mexican mining company, the first Mexican producer of gold, zinc and lead and the world leader in silver production. Peñoles is a company with active mines within Mexico and with some prospection projects in South America. Wikipedia

What country is Fresnillo?

Fresnillo, in full Fresnillo de González Echeverría, city, central Zacatecas estado (state), north-central Mexico.

Does Fresnillo mine copper?

Market Size and Position. In Silver, our peer group are other primary silver miners, although much of global silver production is derived as a by-product of gold, lead, zinc and copper mines. Our strategy has always been to invest across all price cycles, while maintaining a strong balance sheet.

Is Fresnillo Mexico safe?

Fresnillo remains the most insecure city in the whole country, according to the perception of 97.1% of citizens surveyed by the National Institute of Statistics and Geography (Inegi), in the midst of the drug war that has not stopped in Zacatecas.

What cartels are fighting in Zacatecas?

But Zacatecas itself has been the scene of bloody turf battles between the Jalisco and Sinaloa drug cartels. The Department of Justice considers the Jalisco cartel to be “one of the five most dangerous transnational criminal organizations in the world.”

Is Zacatecas city safe?

Reconsider travel due to crime and kidnapping. Violent crime, extortion, and gang activity are common in parts of Zacatecas state. U.S. citizens and LPRs have been victims of kidnapping.

Where is Mexican silver produced?

Zacatecas is Mexico’s leading silver producing state (46.5% of total; see map), well ahead of Chihuahua (16.6%), Durango (11.3%) and Sonora (6.9%).

What does Fresnillo mine?

Fresnillo plc is a Mexican precious metals mining company incorporated in the United Kingdom and headquartered in Mexico City. Fresnillo is the world’s largest producer of silver from ore (primary silver) and Mexico’s second-largest gold miner.

What happened in Fresnillo Zacatecas?

The bodies of 16 people were found in two different cities in Mexico’s Zacatecas state on Saturday amid a turf war between two powerful drug cartels. Local authorities said 10 of the bodies were discovered in Fresnillo, while the other six were found in General Panfilo Natera, 110km (70 miles) to the southeast.

Why is Zacatecas important to cartels?

Zacatecas has been an important strategic spot for drug cartels because of its location along the drug routes toward the U.S., but also for other criminal markets such as fuel theft and street-level drug trafficking, according to the latest security report published by Lantia Intelligence.