Piedras Verdes Mine Supplies
A 14.8 km long, 115 kV power line connects the Comisión Federal de Electricidad (Federal Electricity Comission, “CFE”) grid to the mine owned and maintained.
CDM holds concessions authorizing it to use 7 wells up to a combined tested capacity more than enough for the operational requirements throughout.
For eight to nine months of the year, the climate is arid to semiarid. Nightly low temperatures in December and January range between 5°C and 8°C. Daily.
Mexico is an economic leader in Latin America and is the world’s 11th largest economy by GDP (International Monetary Fund 2011). It offers a dynamic economic environment and is expected to maintain strong economic growth with projected real GDP growth of 3.6% and 4.0% in 2012 and 2013 respectively (Goldman Sachs Economic Research). These near term growth projections also reflect Mexico’s long-term economic potential, real GDP is expected to approximately triple by 2020.