The mines behind
Latin America's
gold, silver & copper.
The mines that actually move the market — production numbers, reserves, CEO notes, and how each operation connects to what's leaving the COMEX and LME vaults. Curated by Vance, guardian of The Vault Report.
Countries Vance covers
Mines in coverage
Each mine gets a one-page dossier: production numbers, reserves, operator, and how the operation connects to what's leaving the COMEX and LME vaults. Source-cited. Dossiers go up first; video coverage will follow.
Peñasquito Polyduct Mine
Mexico's largest silver mine
Polymetallic open pit in Zacatecas. ~271k oz Au + ~26 Moz Ag in 2023. Reserves of 7.1 Moz Au and 600 Moz Ag in the ground.
Cerro Negro Mine
High-grade epithermal in Patagonia
Underground narrow-vein gold-silver mine in Santa Cruz. ~240k oz Au + ~1 Moz Ag in 2023, AISC under $1,500. Acquired in the 2019 Goldcorp deal.
Yanacocha
The Andes' oldest heap-leach
One of the largest gold mines in South America. Transitioning from oxide heap leach to sulfide operations.
Pueblo Viejo
The Caribbean's biggest gold mine
60/40 JV between Barrick and Newmont. Ongoing plant expansion to unlock 800+ Moz of tailings resource.
Merian
Guyana shield gold
Open pit gold mine in eastern Suriname. Deep jungle logistics, high recovery.
La Colosa
Colombia's stalled mega-deposit
24+ Moz gold resource, paused since 2017 due to community and permitting headwinds.
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