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Mexico’s Gold Output Rises 18% in January On Penasquito

Mexico’s gold output rose 18 percent to 6,616 kilograms (233,372 ounces) in January from a year earlier after Goldcorp Inc. expanded output at its Penasquito mine.

Silver output rose 28 percent to 344,085 kilograms in January, the National Statistics Agency said today in a statement on its website. Copper production jumped 26 percent to 33,828 metric tons, the agency said.

Vancouver-based Goldcorp is expanding gold production at its Penasquito mine by about 68 percent this year, Salvador Garcia, the company’s chief for the country, said March 15.

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