Peñoles

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Peñoles SAB de CV

logo
legal form Corporation
ISIN MXP554091415
founding 1887
Seat Mexico City , Mexico
management Fernando Alanís Ortega
Number of employees 11,395 (2014)
sales 4,620,000,000 US dollars (2014)
Branch Mining
Website www.penoles.com.mx

Peñoles is a Mexican mining company headquartered in Mexico City . It belongs to the holding Grupo BAL ( English Bal Group ) and is according to its own information the largest private exporter in Mexico. Peñoles is listed in the Índice de Precios y Cotizaciones (IPC) on the Bolsa Mexicana de Valores . The subsidiary Fresnillo plc was founded in 2008 and has been listed on the London Stock Exchange since 2011.

The company owns mines in:

  • Fresnillo
  • La Ciénega
  • La Herradura
  • Naica
  • Francisco I. Madero

The company, founded in 1887, is led by Fernando Alanís Ortega as CEO . Alberto Baillères is Chairman of the Board . It employs around 11,400 people.

In December 2008, two striking miners were shot dead in one of the company's mines . With the strike, the miners protested the detention of union leaders Carlos Pavon Campos (public relations) and Juan Linares Montufar (security chief), who were accused of embezzling a $ 55 million miners' fund. The promotion of several mines stopped after the miners' union called for it.

Web links

Individual evidence

  1. a b Penoles 2014 Annual Report , accessed June 13, 2015
  2. Grupo BAL website , accessed on October 23, 2013
  3. ^ Peñoles website in October 2010
  4. Thisismoney: Mexican to make waves on the Footsie
  5. ^ English report from December 5, 2008 in the bloomberg.com portal , accessed on October 23, 2013