Goldgroup Mining
- Company typePublic
- Founded2008
- HeadquartersVancouver, Canada
- Headcount251–500
- GTM typeB2B
- OfferingHardware or Manufacturing
Goldgroup Mining firmographics
Firmographics- Name
- Goldgroup Mining
- Legal name
- Goldgroup Mining Inc.
- Website
- https://goldgroupmining.com
- Company type
- Public
- Founded year
- 2008
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Ownership category
- akta.pro rank
Goldgroup Mining industry classification
Industry- Product category
- Gold Mining
- NAICS
- Gold Ore and Silver Ore Mining (212220)
- SIC
- Gold And Silver Ores (1040)
- akta.pro primary industry
- Gold Mining (IMAKAEAA)
- akta.pro secondary industry
- Silver Mining (IMAKAEAB)
Keywords
Where Goldgroup Mining is headquartered
LocationHeadquarters
- HQ city
- Vancouver
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
Goldgroup Mining business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Supply Chain, Personnel, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Gold Production and Sales: Goldgroup Mining generates revenue through the production and sale of gold from its mining operations. The company operates the Cerro Prieto heap-leach gold mine in Sonora, Mexico and is advancing restart of the San Francisco gold mine. Gold is sold at prevailing market prices with no hedging. The company also produces silver as a by-product from its operations.
Distribution channels1 record
Marketing channels4 records
Goldgroup Mining product offering
Product offeringCore offering
Goldgroup Mining Inc. is a Canadian-based mining and metals company focused on gold production and exploration in Mexico. Its primary asset is the producing Cerro Prieto heap-leach gold mine in Sonora, Mexico, and it acquired 100% of the San Francisco Gold Mine in Sonora targeting a production restart in late 2026 or early 2027. The company also produces silver as a by-product and sells all production at prevailing market commodity prices with no hedging.
Product overview
Goldgroup Mining Inc. is a Canadian-based mining and metals company operating as a single unified entity focused on gold production and exploration in Mexico. The company's current product portfolio consists primarily of two mining assets: the producing Cerro Prieto heap-leach gold mine in Sonora, Mexico (its primary revenue-generating asset in continuous production since 2013), and the San Francisco gold mine also in Sonora (acquired in late 2025 through bankruptcy restructuring, with targeted production restart in late 2026/early 2027). The company is also advancing a business combination with Gold Resource Corporation that would add the producing Don David Gold Mine in Oaxaca and the Back Forty development project in Michigan, USA. Goldgroup publishes NI 43-101 compliant technical reports and ESTMA transparency reports as part of its regulatory compliance.
Differentiator
Problem solved
Functional benefit
Products and services
- Cerro Prieto Heap-Leach Gold Mine A producing heap-leach gold mine located in Sonora State, Mexico, with annual production of approximately 8,174 ounces of gold over the past two years. Goldgroup holds 100% ownership of the 6,980-hectare concession block. The mine targets resource expansion following a recent doubling of crushing capacity to over 4,200 tpd.
- San Francisco Gold Mine
Quantifiable outcome
- Target restart of gold production at San Francisco Mine late 2026 or early 2027
- +2 more outcomes
Companies that use Goldgroup Mining
Customer profileNamed customers1 record
Segments1 record
Ideal customer profiles2 records
Goldgroup Mining technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Goldgroup Mining partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- INPROMINEcoreGoldgroup engaged INPROMINE, a Mexican mining construction company based in Sonora, for a US$850,000 contract to service, test, and commission the crushing system, conveyor system, and ADR plants at the San Francisco gold project. The 16-week contract supports preparation for restart of gold production targeting late 2026 or early 2027.
- Capital Analytica (Triomphe Holdings Ltd.)minorArm's length federally incorporated Canadian corporation headquartered in Nanaimo, BC. Engaged for six-month social media consulting and investor awareness services at total fee of $150,000 over 6 months, paid in two equal payments of $75,000.
- Global One Media Group Pte. LtdminorArm's length global investor marketing and digital communications media firm headquartered in Singapore with offices across North America, Europe and Asia. Engaged to support Goldgroup's digital investor communications strategy including investor marketing, content creation, video interviews, and investor awareness initiatives. Monthly retainer of USD $6,500 during six-month term.
- Dig Media Inc. (Investing News Network)minorEngaged for six-month digital marketing and investor outreach campaign at cost of C$30,000 plus GST.
Scale indicators9 records
Recent moves9 records
Expansion highlights6 records
Goldgroup Mining competitors and assessment
Company assessmentDirect peers
- Gold Resource Corporation: Mexico-focused mid-tier gold and silver producer (Don David Mine in Oaxaca) and the direct counterparty in Goldgroup's pending $372M reverse merger. Operates producing precious-metals mines and development projects with the same business model of selling unhedged gold/silver at spot.
- Argonaut Gold: Junior gold producer with operating mines in Mexico (El Castillo, La Colorada) and a growth/development pipeline. Highly comparable to Goldgroup on geography (Sonora focus), asset stage mix (producing + restart/construction), and reliance on heap leach processing.
- Alamos Gold: Mid-tier gold producer with significant Mexico operations (Mulatos in Sonora, plus acquired investments). Closely mirrors Goldgroup's Mexico-centric strategy, open-pit/heap-leach operational profile, and multi-asset growth approach targeting rising annual production.
- Endeavour Silver: Mexico-focused intermediate precious-metals producer with multiple underground silver-gold mines. Comparable on geography, metal mix (gold + by-product silver), exposure to NI 43-101 reporting, and growth-via-M&A posture.
- First Majestic Silver: Mexico-focused intermediate precious-metals producer operating multiple silver-gold mines. Shares the same Mexican jurisdiction concentration, precious-metals commodity exposure, and development/production dual-asset strategy.
- Coeur Mining: US-listed mid-tier precious-metals producer with diversified multi-asset operations including Mexico exposure. Comparable on multi-asset operating model, growth-via-acquisition track record, and exposure to gold and silver by-product streams.
- Hecla Mining: Largest U.S.-based silver producer with gold by-product credits and operations across North America. Comparable on precious-metals business model, emphasis on low-cost + long-life reserves, and small-cap public-company governance structure.
- MAG Silver: Mexico-focused silver developer with Juanicipio joint venture (Fresnillo). Comparable on NI 43-101 reporting discipline, single-country Mexico exposure, and precious-metals thesis including by-product gold.
Broad incumbents
- Agnico Eagle Mines: Senior gold producer with major Mexican operations (Pinos Altos, La India). Operates in the same Sonora region as Goldgroup and exemplifies the Mexico-focused growth playbook at larger scale, providing a benchmark for what a successful multi-asset Mexican producer can become.
- Pan American Silver: Major diversified silver producer with gold by-products and operations across Latin America including Mexico. Comparable on Mexico exposure, gold/silver by-product economics, NI 43-101 reporting, and growth-via-acquisition history.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Goldgroup Mining social profiles
Digital presenceGoldgroup Mining compliance and trust
Trust signalCompliance2 records
Goldgroup Mining financial estimates
Financial estimateRevenue estimate
Valuation estimate
Goldgroup Mining leadership team
Management profileNumber of profiles
Profiles4 records
Goldgroup Mining subsidiaries and ownership
Company hierarchySubsidiaries2 records
Goldgroup Mining funding detail
Funding detailFunding overview
Funding rounds11 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Goldgroup Mining M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Goldgroup Mining
What does Goldgroup Mining do?
Goldgroup Mining Inc. is a Canadian-based mining and metals company focused on gold production and exploration in Mexico. Its primary asset is the producing Cerro Prieto heap-leach gold mine in Sonora, Mexico, and it acquired 100% of the San Francisco Gold Mine in Sonora targeting a production restart in late 2026 or early 2027. The company also produces silver as a by-product and sells all production at prevailing market commodity prices with no hedging.
Is Goldgroup Mining a public or private company?
Goldgroup Mining is a public company. It is classified as public and is currently operating.
When was Goldgroup Mining founded?
Goldgroup Mining was founded in 2008. It employs 251 to 500 people.
Where is Goldgroup Mining based?
Goldgroup Mining is headquartered in Vancouver, Canada, in the North America region.
How does Goldgroup Mining make money?
One revenue line is on record: gold Production and Sales.
Who are Goldgroup Mining's main competitors?
Direct peers on record are Gold Resource Corporation, Argonaut Gold, Alamos Gold, Endeavour Silver, First Majestic Silver, Coeur Mining, Hecla Mining and MAG Silver. Broad incumbents are Agnico Eagle Mines and Pan American Silver.
Does Goldgroup Mining have an API?
No public API is recorded for Goldgroup Mining.
What industry is Goldgroup Mining in?
Goldgroup Mining's product category is Gold Mining. Its primary akta.pro industry code is IMAKAEAA, Gold Mining, with a secondary code of IMAKAEAB, Silver Mining. Its NAICS code is 212220 and its SIC code is 1040.