Mexico’s Sonora State Leads the Way in National Silver and Gold Production
Mexico's longstanding performance as a global leader in gold and silver production extends over centuries and part of that has taken place in its Sonora state. Output from Mexico's mining industry makes up 4 percent of the nation's GDP and generates over 350,000 jobs. With Sonora state leading the way in production, its viability as a mining hub is undeniable. The gold standard for mining in Mexico is Fresnillo's (LSE:FRES) La Herradura mine in the state of Sonora. La Herradura had an excellent last quarter in 2017, producing 117,891 ounces of gold and 172,000 ounces of silver. With over 1,200 employees, [...]