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Peñoles
Peñoles 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. Holdings includes the Fresnillo Silver Mine / Mina Proaño, the Met-Mex Peñoles metallurgical complex and Química del Rey; a Chemical facility; three operations. Peñoles produces about of silver and of gold annually. Other metals that the company produces are zinc, lead, copper, bismuth, and cadmium. The main product of Peñoles is refined silver in the form of ingots and granulated silver which are 99.99% pure silver, this product is made in Torreón (northern Mexico) and from this location is exported all over the world. In 2012, the company was awarded with the Fray International Sustainability Award for its initiatives in sustainable development. They approach ...
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Alberto Baillères
Alberto Baillères González (22 August 1931 – 2 February 2022) was a Mexican billionaire businessman. , he had an estimated net worth of US$10.1 billion according to ''Forbes''. He was the chairman of Grupo BAL, and of ITAM. Early life Baillères was born in Mexico City on 22 August 1931, as the son of Raúl Baillères. Baillères attended Culver Military Academy, in Culver, Indiana, US. In 1953 he received a bachelor's degree in economics from the Instituto Tecnológico Autónomo de México (ITAM, a school founded by his father), in Mexico City. Career He took over as head of Grupo BAL aged 28, following the death of his father. Baillères owned Grupo BAL, which controls a large number of other companies including Industrias Peñoles / Peñoles, the second most important Mexican mining company and the world's largest silver producer, El Palacio de Hierro, a chain of department stores mainly located in Mexico City, Grupo Nacional Provincial, the largest insurance company in ...
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Met-Mex Peñoles
Met-Mex Peñoles is a large metallurgical and chemical company located in Torreón, Coahuila Mexico. This industrial site processes the majority of the zinc and lead mineral ores mined in Mexico and some other countries. The facility produces the following metals: silver, gold, zinc, lead, cadmium and bismuth; as well as the following chemicals: sulfuric acid, oleum, and antimony trioxide. This metallurgical complex is the largest producer of silver in the world, the largest producer of zinc in Latin America Latin America is the cultural region of the Americas where Romance languages are predominantly spoken, primarily Spanish language, Spanish and Portuguese language, Portuguese. Latin America is defined according to cultural identity, not geogr ..., and the most important producer of gold and lead in Mexico. Peñoles Group is not only Met-Mex. It includes a variety of business units like mines, metallurgical, chemical and administrative companies. {{DEFAULTSORT:Me ...
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Mina Proaño
Mina Proaño, an underground silver mine located in central Mexico, is one of the world's largest and most profitable silver mines. The mine is located just outside the city of Fresnillo, Zacatecas; and is also known as Mina Fresnillo and Fresnillo Silver Mine. The mining operation is run by Peñoles, which has been controlled by Mexico City-based Grupo BAL since 1967. In 2004, Mina Proaño produced almost 32 million troy ounces (995,000 kg) of silver. Silver mining activity in the Fresnillo area can be traced back to 1550. As is quite common with long-running large-scale mining operations, especially silver mining, which uses large quantities of cyanide, there have been allegations of mine-related pollution including contamination of water sources, increased illness rates amongst cattle and people, and increased air pollution. This particular mine has obtained ISO 14000 certification of its environmental management processes and equipment, and has received a "Clean I ...
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Grupo BAL
Grupo BAL is a cluster of Mexican companies in various sectors of the economy. Its president was Alberto Gonzalez Baillères,the second richest man in Mexico in 2013, according to ''Forbes''. Gonzalez's son Alejandro Baillères has been president since 2022. The conglomerate is involved in Mexican sectors such as trade, energy, metallurgy, finance, insurance, pensions, investments, agriculture, health care, and music. Member companies Grupo Nacional Provincial (GNP) is the largest insurance company in Mexico, with more than 20% of the market share in the country. It is the only insurance company with 100% domestically based capital. It is also perhaps the oldest domestically based insurance company in Mexico, having existed since at least the early 20th century. Born from GNP, Profuturo is a retirement fund manager. Afore is the Mexican equivalent of a 401(k)) of Mexican workers. The company is the third largest in Mexico by AUM and the only one that isn't backed by a financial ...
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Fresnillo
Fresnillo () is a city in north central Mexico, founded in 1554 by Francisco de Ibarra. It is the second largest city in Zacatecas state and the seat of Fresnillo municipality. 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. Other important economic activities include agriculture (cereals, beans), cattle raising, and a mining school. Fresnillo is also the municipal seat of the municipality of the same name which surrounds it. The municipality had a population of 196,538 and an areal extent of . It is the location of religious pilgrimages to see the famous '' Santo Niño de Atocha'' ("Holy Child of Atocha"), a Roman Catholic devotional statue brought to Mexico from Spain. History Between 1551 and 1552, Diego Fernández de Proaño embarked on several explorations in the Zaca ...
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Torreón
Torreón () is a city and seat of Torreón Municipality in the Mexico, Mexican States of Mexico, state of Coahuila. The city's population is 720,848 inhabitants, making it the second largest city in the state of Coahuila. Also Torreón is part of the Comarca Lagunera metropolitan area. The area was originally a center for ranching. With irrigation, the city became an important center for farming and the processing of cotton. The city's economy is based on the metals, livestock, agriculture industries, the textile, metallurgical, chemical, commerce and industries. It is one of the youngest cities in Mexico, having celebrated its centenary in 2007. It is popularly nicknamed "The City of Great Efforts" because despite all the adverse environmental conditions, it managed to flourish as a city due to its prosperous industry and commerce. Torreón is served by Francisco Sarabia International Airport, an airport with flights to several cities in Mexico and the United States. Histo ...
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Ingot
An ingot is a piece of relatively pure material, usually metal, that is Casting, cast into a shape suitable for further processing. In steelmaking, it is the first step among semi-finished casting products. Ingots usually require a second procedure of shaping, such as cold/hot working, cutting, or milling to produce a useful final product. Non-metallic and semiconductor materials prepared in bulk form may also be referred to as ingots, particularly when cast by mold based methods. Precious metal ingots can be used as currency (with or without being processed into other shapes), or as a currency reserve, as with gold bars. Types Ingots are generally made of metal, either pure or alloy, heated past its melting point and cast into a bar or block using a mold chill method. A special case are polycrystalline or single crystal ingots made by pulling from a molten melt. Single crystal Single crystal ingots (called boule (crystal), boules) of materials are grown (crystal growth) using ...
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Northern Mexico
Northern Mexico ( ), commonly referred as , is an informal term for the northern cultural and geographical area in Mexico. Depending on the source, it contains some or all of the states of Baja California, Baja California Sur, Chihuahua (state), Chihuahua, Coahuila, Durango, Nuevo León, Sinaloa, Sonora and Tamaulipas. There is no specific border that separates the northern states from the southern states in Mexico. For some authors, only states that have a border with the United States are considered as northern Mexico, i.e. Baja California, Chihuahua, Coahuila, Nuevo León, Sonora and Tamaulipas. Others also include Durango, Sinaloa and Baja California Sur. Other people consider that the north starts above the Tropic of Cancer, but this description would include some parts of Zacatecas and San Luis Potosí that are not considered northern states. History Before colonization It is not known precisely when the first settlers came to northern Mexico. The harsh climate in th ...
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Sierra De Peñoles
Sierra (Spanish for "mountain range" or "mountain chain" and "saw", from Latin '' serra'') may refer to the following: Places Mountains and mountain ranges * Sierra de Juárez, a mountain range in Baja California, Mexico * Sierra de las Nieves, a mountain range in Andalusia, Spain * Sierra Madre (other), various mountain ranges ** Sierra Madre (Philippines), a mountain range in the east of Luzon, Philippines * Sierra mountains (other) * Sierra Nevada, a mountain range in the U.S. states of California and Nevada * Sierra Nevada (Spain), a mountain range in Andalusia, Spain * Sierra de San Pedro Mártir, a mountain range in Baja California, Mexico * Sierra Maestra, a mountain range in Cuba Other places Africa * Sierra Leone, a country located on the coast of West Africa Asia * Sierra Bullones, Bohol, Philippines Europe * Sierra Nevada National Park (Spain), Andalusia, Spain * Sierra Nevada Observatory, Granada, Spain North America * High Sierra Trail, Califor ...
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Durango
Durango, officially the Free and Sovereign State of Durango, is one of the 31 states which make up the Political divisions of Mexico, 32 Federal Entities of Mexico, situated in the northwest portion of the country. With a population of 1,832,650, the 8th lowest of Mexico's states, Durango has Mexico's second-lowest population density, after Baja California Sur. The capital city, Durango, Durango, Victoria de Durango, is named after the first President of Mexico, Guadalupe Victoria. Geography General information The area of Durango is ; this accounts for about 6.3% of the entire territory of Mexico. It is the fourth largest state, lying at the extreme northwest of the Mexican Plateau, Central Mexican Plateau, where it meets the Sierra Madre Occidental—the highest peaks in the state. The state has an average elevation of 1,775 meters above sea level, with a mean elevation of 1,750 m in the Valleys region and 2,450 m in the Sierra region. The Durango City, city of Durango is on t ...
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Bismuth
Bismuth is a chemical element; it has symbol Bi and atomic number 83. It is a post-transition metal and one of the pnictogens, with chemical properties resembling its lighter group 15 siblings arsenic and antimony. Elemental bismuth occurs naturally, and its sulfide and oxide forms are important commercial ores. The free element is 86% as dense as lead. It is a brittle metal with a silvery-white color when freshly produced. Surface oxidation generally gives samples of the metal a somewhat rosy cast. Further oxidation under heat can give bismuth a vividly iridescent appearance due to thin-film interference. Bismuth is both the most diamagnetic element and one of the least thermally conductive metals known. Bismuth was formerly understood to be the element with the highest atomic mass whose nuclei do not spontaneously decay. However, in 2003 it was found to be very slightly radioactive. The metal's only primordial isotope, bismuth-209, undergoes alpha decay with a half-l ...
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Porfirio Díaz
José de la Cruz Porfirio Díaz Mori (; ; 15 September 1830 – 2 July 1915) was a General (Mexico), Mexican general and politician who was the dictator of Mexico from 1876 until Mexican Revolution, his overthrow in 1911 seizing power in a Plan of Tuxtepec, military coup. He served on three separate occasions as President of Mexico, a total of over 30 years, this period is known as the Porfiriato and has been called a ''de facto'' dictatorship. Díaz’s time in office is the longest of any Mexican ruler. Díaz was born to a Oaxacan family of modest means. He initially studied to become a priest but eventually switched his studies to law, and among his mentors was the future President of Mexico, Benito Juárez. Díaz increasingly became active in Liberal Party (Mexico), Liberal Party politics fighting with the Liberals to overthrow Antonio López de Santa Anna, Santa Anna in the Plan of Ayutla, and also fighting on their side against the Conservative Party (Mexico), Conservative ...
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