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Traditional metal working in Mexico dates from the Mesoamerican period with metals such as gold, silver and copper. Other metals were mined and worked starting in the colonial period. The working of gold and silver, especially for jewelry, initially declined after the Spanish conquest of the Aztec Empire. However, during the colonial period ...
Cananea Copper Mine, Sonora, Mexico. Mining in Mexico represented 2.4% of the nation's gross domestic product in 2023 and employed 350,000 people in 2020. Mexico is the world's largest producer of silver and a globally significant producer of gold, copper and zinc. In 2020, Mexico produced the world's 12th largest volume of minerals by value.
Other metals that the company produces are zinc, lead, copper, bismuth, and cadmium. [2] 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.
The Mexican Mint was established in 1535 and is the oldest mint in the Americas. The modern coins contain 99.9% silver or gold (.999 fineness) and are available in various sizes. Both metal coins have undergone a design change. In 1989, 3,500 1 ⁄ 4 ounce Libertad platinum coins were produced. Libertads are devoid of face value, yet are legal ...
West Mexican smiths worked primarily in copper during the initial period, with some low-arsenic alloys, as well as occasional employment of silver and gold. Lost-wax cast bells were introduced from lower Central America and Colombia during this phase, along with several classes of cold-worked ornaments and hand tools, such as needles and tweezers.
In Mexico, many of the natives worked as wage laborers by the middle of the 17th century. [18] However, the labor system known as the repartimiento still existed in some places. [18] Silver production in Mexico was relatively cheap when compared to that of Bolivia, and the general trend of Mexican labor systems was that towards waged labor. [15]
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