How many total Mining companies are there in Mexico?

As of October 2025, Mexico has 36 active Mining companies.

How many Mining companies in Mexico are funded?

As of October 2025, 8 companies have received funding in this sector.

What is the total funding raised by Mining companies in Mexico?

Mining companies in Mexico have collectively raised $104M in funding till date.

Who are the top investors in Mining companies in Mexico?

The top investors in Mining companies in Mexico by number of investments are Appian Capital Advisory and Caisse de depot et placement du Quebec.

Mining in Mexico - 2025 Market & Investments Trends

The Mining sector in Mexico comprises 38 companies, including 8 funded companies having collectively raised $104M in venture capital money and private equity. Out of these, 5 are Series A+ funded.

Mining sector in Mexico has seen 2 acquisitions and 3 IPOs. This represents almost 13.2% of all such companies - which is higher than the 5.3% exit rate of tech companies in general.

This sector includes companies which provide technology solutions including software applications, new-age hardware and tech-enabled services across the mining value chain.

Mining sector is also known as Mining Tech or Mining Tech.

Companies included in Mining

Companies which provide software solutions for exploration, mine planning, operations, refinery, inventory management, supply chain management and also general management solutions for mining like finance and accounting, HR, health safety and compliance, data and analytics, and simulators. Also included are companies providing tech-enabled services through proprietary hardware such as drill rig alignment technology, communication technologies, etc.

Companies excluded in Mining

Companies that manufacture traditional equipment, business services companies in staffing, marketing, IT services, consulting and online listing platforms for software/hardware products.

Key Metrics

Total Companies

Top Companies

Fresnillo plc, Sonoran Desert Copper & more

Total Funding

$104M

Funded Companies

Series A+ Companies

Series C+ Companies

IPOs

Acquisitions

Also known as

Mining Tech or Mining Tech

View complete details of this sector

There are more than 38 companies in Mining in Mexico. Fresnillo plc is the top Mining company in Mexico, ranked using Tracxn Score (what's this?).

Here are 5 of the top Mining companies in Mexico:

Company	Description	Location	Founded	Current Stage	Private Funding Raised
Fresnillo plc	Producer of precious metals from mining operations	Mexico City (Mexico)	2008	Public	-
Sonoran Desert Copper	Provider of copper exploration and development services	Hermosillo (Mexico)	2004	Public	-
Mineracuzcatlan	-	Mexico	2016	Acquired	-
Candelaria Mining	Gold exploration company	Mexico City (Mexico)	2012	Public	-
Penoles	Miner and processor of base and precious metals, and chemical products	Mexico City (Mexico)	1995	Funding Raised	-

Get a longer list of companies

Companies founded year-on-year in the Mining sector in Mexico

2 Mining startups in Mexico were founded in 2020 - this is the most number of startups founded in any year in the last 10 years.

Total Number of Companies

Year	No. of companies
2025	-
2024	-
2023	1
2022	-
2021	-
2020	2
2019	2
2018	2
2017	-
2016	2

Stage-wise distribution of Mining sector companies in Mexico

Out of the total 38 Mining companies in Mexico, 8 have secured funding. Among them, 5 have reached Series A or higher, and 5 to Series B or beyond.

Founded - 38

Funded - 8

Series A+ - 5

Series B+ - 5

Series C+ - 5

Company Stage	No. of companies
Founded	38
Funded	8
Series A+	5
Series B+	5
Series C+	5

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Total funding year-on-year in the Mining sector in Mexico

The Mining sector in Mexico saw a total funding of more than $104M in the last 10 years. The most amount of funding was in 2012 at more than $90M.

Total Funding

Year	Total Funding
2025	$734K
2023	$608K
2021	$8.44M
2020	$1.22M
2019	$700K
2018	$621K

Recent Funding Rounds in Mining in Mexico

In the year 2018, till May 2018, Mining companies in Mexico have raised equity funding across 1 round.

Here are some recent, important funding rounds in Mining companies in Mexico:

Company	Round Raised	Amount Raised	Funding Date	Investors
Prysmex	Seed	9218	May 16, 2018	CEMEX Ventures
Minera y Metalurgica del Boleo	PE	5417	Jul 26, 2012	KORES and 4 more

See a more detailed list of funding rounds

Appian Capital Advisory is the top investor in Mining companies in Mexico based on number of companies invested.

Here are some top investors in Mining companies in Mexico:

Investor	Location	Top Portfolio Companies
Appian Capital Advisory	London (United Kingdom)	-
Caisse de depot et placement du Quebec	Quebec City (Canada)	-
Accendo Banco	Mexico City (Mexico)	-
Actis	London (United Kingdom)	-
Riverstone Holdings	New York City (United States)	-

See a more detailed list of investors

In the year 2025, till April 2025, 1 acquisition happened in Mining sector in Mexico.

Here are some recent, important acquisitions in Mining sector in Mexico:

Company	Acquisition Type	Acquisition Date	Acquirers
Mineracuzcatlan	Business Acquisition	Apr 14, 2025	JRC
Leuffer Mining Group	Business Acquisition	Oct 06, 2023	Chilco River

See a more detailed list of acquisitions

Acquisition trends in Mining sector in Mexico

Here are the acquisition trends in Mining sector in Mexico:

Total Number of Acquisitions

Year	No. of companies
2025	1
2024	-
2023	1
2022	-
2021	-
2020	-
2019	-
2018	-
2017	-
2016	-

In the year 2023, till July 2023, 1 IPO happened in Mining sector in Mexico.

Here are some recent, important IPOs in Mining sector in Mexico:

Company	IPO Date	Exchange Symbol
Sonoran Desert Copper	Jul 21, 2023	Frankfurt Stock Exchange (FRA)
Sonoran Desert Copper	Jan 29, 2020	OTC Markets (OTCMKTS)
Sonoran Desert Copper	May 31, 2019	Toronto Stock Exchange (TSX)
Candelaria Mining	Mar 22, 2016	Toronto Stock Exchange - Venture Exchange (TSX-V)
Fresnillo plc	May 14, 2008	London Stock Exchange (LSE)