For the past five years , the mining company , Minera Penmont , has strengthened operations and doubled in production , reaching revenues of more than $ 700 million annually .

In addition of being the main gold producer for Fresnillo PLC , Minera Penmont has quality certified operations that earned them national recognition , such as Six Sigma , philanthropy and social responsibility awards , as well as their prestigious leadership position in the mining sector .

As part of Fresnillo PLC Group , they ranked among the leading mines in the domestic market , with an estimated production of 480 thousand ounces this 2014 .

“ As a company we are among the top three producers in Mexico , but as a mining unit we are number one nationwide ,” says Arredondo .

Mine La Herradura

122 June 2014

Strategic Administration It was 13 years ago when Jose Arturo Arredondo , engineer and current CEO of Minera Penmont , began working in the unit after graduating from Mining Engineering and Plants Benefit from the University of Guanajuato in 1975 . Since then , Arredondo has held various positions in the mining industry .

Such experience gave him operational knowledge of the business and the confidence to achieve greater and better results in open pits by optimizing the unit .

In December of 1987 , Arredondo joined the

Mining Magazine June 2014 | Page 122

For the past five years , the mining company , Minera Penmont , has strengthened operations and doubled in production , reaching revenues of more than $ 700 million annually .