Wedoany.com Report-Apr. 2, Luca Mining, a Canadian company, has begun commercial production at its Tahuehueto gold-silver mine in Durango, Mexico. The mine, completed in July 2024, now processes over 800 tonnes per day (tpd) consistently. This marks a key achievement for the company’s operations in the region.
The company has achieved a consistent throughput rate of more than 800tpd at the project.
For 2025, Luca Mining expects to produce 85,000 to 100,000 gold equivalent ounces at Tahuehueto, with payable ounces ranging from 65,000 to 80,000. President Ramon Perez stated: “This milestone marks a significant step in the mine’s development, reflecting the operational team’s dedication and the effectiveness of recent optimisation efforts.” The company forecasts generating $30–40 million in free cash flow before working capital adjustments.
In 2025, Luca Mining plans to invest $27.4 million across its projects, with $23.5 million for sustaining capital and $3.9 million for exploration at its two mines, Tahuehueto and Campo Morado. This funding will come from operational cash flow. At Tahuehueto, $10.5 million is earmarked for capital expenditures, including $6.5 million for mine workings and $2.6 million for a 5km drilling program to expand resources and extend the mine’s lifespan. Infrastructure upgrades, such as a spare parts warehouse, are also underway to enhance reliability.
The Tahuehueto processing plant, designed for 1,000 tpd and capable of reaching 1,200 tpd, currently operates at 82% availability. The company aims to boost this to 85–90%. Meanwhile, at Campo Morado in Guerrero State, efforts focus on raising throughput above 2,000 tpd by year-end 2025, alongside improving metal recoveries and grade stability. Campo Morado, an underground mine, produces copper-zinc-lead concentrates with precious metals credits. A new third copper concentrate is in development to enhance precious metals revenue.
At Campo Morado, $13 million is allocated for capital projects, including $10 million for mine workings. A $1.3 million, 5km drilling program will target high-grade resources and assess regional prospects to support long-term production. Both mines are set to benefit from these investments, strengthening Luca Mining’s output and resource base.
Luca Mining’s start of commercial production at Tahuehueto reflects its growth in Mexico’s mining sector. The company’s focus on operational efficiency and exploration aims to ensure sustained output and profitability at its two sites, supporting its broader goals in the precious metals market.