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Mining in Mexico Current Demand Behavior Analysis

Demand Behavior

Based on the analysis of the provided reports, the final customers for the products of the Mexican mining industry value chain are exclusively businesses. The Marketing & Sales stage involves the sale of refined metals and mineral concentrates primarily to metal trading companies, brokers, standalone smelters and refineries, and a variety of industrial end-users globally. These transactions occur within a Business-to-Business (B2B) framework. There is no indication in the provided text of direct sales of primary mining products to individual consumers (B2C).

Detailed Report on the Number of Individual and Business Consumers

Individual Consumers: The provided reports do not identify any individual consumers as direct purchasers of the primary products from the Mexican mining value chain. The outputs, such as refined metals and mineral concentrates, serve as inputs for other industries before potentially reaching individual consumers in the form of manufactured goods.

Business Consumers: The business consumers consist of several categories globally: * Metal Trading Companies and Brokers: These act as intermediaries in the global commodities market. * Smelters and Refineries: These entities purchase mineral concentrates for further processing. * Industrial End-Users: This broad category includes manufacturers in sectors such as metal manufacturing, chemical production, electronics, automotive, and construction that require metals and minerals as raw materials.

The provided text describes the nature and scale of operations of some major mining companies in Mexico through their production volumes and revenue figures for 2024. For instance, Grupo México reported Minera Division sales of US$12,397 million in 2024, and Industrias Peñoles had a Full Year Revenue of US$6,650 million in 2024. These figures indicate a large volume of commercial transactions with business customers. However, the reports do not provide specific data on the total number of distinct business entities that constitute the customer base for the Mexican mining industry, nor do they offer a breakdown of the number of customers within each category (trading companies, smelters, industrial users).

Table Showing the Growth/Decline in the Number of Customers

Customer Segment Number of Customers (Estimate based on provided data) Growth/Decline Trend (Based on provided data) Notes
Individual 0 Not applicable Primary products are B2B.
Business Not specified in provided data Not explicitly stated in provided data Production and revenue data for 2024 indicate significant market activity.

The provided reports offer information on the production volumes and financial performance of key mining companies in 2024. For example, MAG Silver's Juanicipio mine increased its silver production by 10.5% year-on-year in 2024. Alamos Gold reported record global gold production in 2024, with significant contribution from Mexico. Endeavour Silver exceeded its annual silver production expectations in 2024. Torex Gold's Media Luna project is expected to start production in late 2024, contributing to new gold capacity in Mexico. Grupo México's zinc and copper sales boosted their revenues in the last quarter of 2024. While increased production and sales figures generally imply stable or growing demand from the customer base overall, the provided text does not contain metrics that track the number of individual customer entities over time to determine a specific growth or decline trend for the customer count itself. The focus is on the volume and value of transactions rather than the size or change in the customer list.

References

  1. RESULTADOS - Cuarto Trimestre 2024 - Informe del Director 4T05.
  2. Grupo México incrementa ingresos en el cuarto trimestre de 2024, impulsado por el zinc.
  3. Los resultados de las mineras mexicanas en 2024 - Mine Academy.
  4. Alamos Gold reporta producción récord de oro en 2024 - Mining México.
  5. REPORTE DE RESULTADOS - Minera Frisco.
  6. There's no substitute for silver - Investors - First Majestic Silver Corp..
  7. RESULTADOS - Tercer Trimestre 2024 -.::Grupo México::..
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  11. Ventas de zinc y cobre impulsan 12.8% ingresos de Grupo México durante el último trimestre de 2024 - El Financiero.
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  13. Alamos Gold incrementa previsión de producción para 2025-2026 gracias a Magino y Mulatos.
  14. Producción de Endeavour Silver en 1T2024: Resultados Operativos en México - .:: Minería en Línea ::..
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  16. Careers - Endeavour Silver |. https://www.edrsilver.com/careers
  17. Iniciarán actividad cuatro minas de oro en el 2024 - El Economista.
  18. First Majestic Silver reporta producción de 5.7 millones de onzas de plata - Clúster Minero de Zacatecas.
  19. Endeavour Silver aprueba construcción de mina en el proyecto Terronera, en Jalisco.
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  30. Agnico Eagle aumenta reservas minerales y avanza en exploración para 2025.
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  34. Dos líderes de Agnico Eagle México recibirán Ostotakani - Mundo Minero MX.
  35. Mina Juanicipio de MAG Silver y Fresnillo plc aumentó su producción de plata en 10.5 % interanual en 2024 - Clúster Minero de Zacatecas.
  36. MAG Silver apunta a una producción récord en Juanicipio en 2024 - Mining México.
  37. Minera Frisco SAB de CV (MFRISCOA2) Ingresos netos partidas ...
  38. Fresnillo plc anuncia los resultados de producción del primer trimestre de 2024.
  39. Industrias Penoles Sab De CV (PE&OLES *) Ingresos - Investing.com. https://mx.investing.com/equities/industrias-peol-sa-b--financial-summary
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  44. REPORTE TRIMESTRAL: PEÑOLES.
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  48. Agnico Eagle Mines reporta flujo de caja libre récord por cuarto trimestre consecutivo.
  49. Agnico Eagle Mines Limited presenta los resultados del cuarto trimestre finalizado el 31 de diciembre de 2024 - Marketscreener.
  50. Agnico Eagle Mines producción récord oro 3,485,336 onzas 2024 | Rumbo Minero. https://rumbominero.com/international/agnico-eagle-mines-produccion-record-oro-3485336-onzas-2024/