en.Wedoany.com Reported - Mexican mining company Minera Frisco, S.A.B. de C.V. announced in early June 2026 that its subsidiary Minera Real de Angeles has resumed operations at its copper cathode production unit in Sonora and its gold-silver production unit in Baja California. The company also plans to launch a new silver-focused mining unit in Durango through its subsidiary Ocampo Mining by the end of 2026.
Minera Frisco is part of Grupo Carso, a diversified industrial group owned by Mexican entrepreneur Carlos Slim, encompassing four strategic sectors: commerce, industry, infrastructure construction, and energy. Minera Frisco primarily produces gold, silver, and copper. In 2025, the company produced approximately 23,600 tonnes of copper, 133 tonnes of silver, and 1.78 tonnes of gold. The copper cathode production unit in Sonora uses a solvent extraction-electrowinning hydrometallurgical process to produce finished copper cathodes, which can be directly used in wire and cable, industrial equipment, and electronics manufacturing without further smelting.
The gold-silver production unit in Baja California is expected to begin operations by the end of June 2026. Located in a geological corridor along the Pacific coast of northwestern Mexico, this unit features typical epithermal deposits, historically forming quartz vein systems with high-grade gold and silver mineralization in the region. Durango lies within Mexico's renowned Silver Belt, where silver mining dates back to the colonial era, with some mining areas having been continuously exploited for centuries. The new silver mine project in Durango developed by Ocampo Mining is a dedicated silver production unit, distinct from polymetallic projects with associated silver.
According to Reuters, Minera Frisco stated that the related investments reflect the company's ongoing commitment to Mexico's mining industry. The company had previously indicated it was focusing on exploration and development of certain assets to support future production growth. The resumption of operations and the new project mark a significant step in the miner's capacity recovery and expansion amid a market environment where silver prices remain above $80 per ounce and gold prices are near historical highs.
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