A $1 billion silver mine is coming to Atilka, one of the largest copper mines in the world.
Atilka Silver Mine, a joint venture between mining giant Atilkas and the mining giant Silverton Corp., will be one of only two mines in Mexico to be completed by 2025.
Atilkans silver mine will have the largest and most productive copper mine in the country, producing 2.5 million metric tons of copper.
The project is expected to generate more than $1.2 billion for the state of Guerrero.
The project will create 4,000 construction jobs, and will also create at least 1,000 permanent jobs.
The mine will employ up to 7,000 workers.
The mine is expected open in 2021, and to produce up to 15 million metric ton of copper in 2019, which is more than the entire world’s total copper production.
At present, the Atilkanas silver mine produces between 1.3 million and 2.2 million metric tonnes of copper, according to Atils official site.
In 2017, the mine was awarded the Silverton’s Platinum award for its copper production, which it won by a landslide, with more than 2,000 votes from the world’s Platinum Council.
At ilkas gold mine, Silverton, which owns and operates the gold mine at the same location, also won the award.
The Atilkias silver mining is expected be one the most important gold mine in Mexico.
Silverton is expected invest $200 million into the mine, which will be a second-biggest gold mine of all-time, after the largest gold mine by weight in the United States.
Silverton has a proven track record of producing gold and silver.
In 2007, Silvertons gold mine was declared the top-producing gold mine on earth by the International Association of Gold Mining Officials.
In 2016, Silverson’s gold mine produced 2.4 million metric Ton of gold and 4 million metric metric ton silver.