Company
Fresnillo PLC
LON:FRES
The Fresnillo Group is a leading precious metals company, and is the world's largest primary silver producer and Mexico's second largest gold producer. Fresnillo's mining assets are comprised of three operating mines (Fresnillo, Ciénega and Herradura), two development projects (Fresnillo II and Soledad and Dipolos at Herradura), three advanced exploration prospects (San Juan, San Julian and Orysivo) and multiple exploration projects.
433 stories · page 5 of 22
Archive
FTSE 100 closes lower after Fed comments signal hawkishness across the pond
At the close, the FTSE 100 had lost 10 points on the day to finish at 7,919 points
Fresnillo costs soar as inflation and labour laws take toll
JP Morgan had suggested costs were being underestimated
Fresnillo says more electrical testing needed before Juanicipio mine can be tied into grid
The FTSE 100 miner sees no impact on full-year production guidance, nor on expected production from Juanicipio in 2023 and beyond
Fresnillo: After the 'unholy trinity' come judgement day
Analysts have had a day to run the numbers after the Mexico-focused silver miner delivered a disappointing set of interims
Fresnillo’s interim profits cut in half on lower gold production and fall in silver price
Fresnillo is one of the world's largest major primary silver producers
Fresnillo second-quarter output in line, keeps full-year guidance
“We are making good operational progress, despite the ongoing impact of the pandemic and global supply chain bottlenecks,” said chief executive Octavio Alvídrez
Citi sees gold hitting US$2,125 and calls Fresnillo ‘best’ leverage play to precious metals
Fresnillo could be turning around at around the same time as gold happens to be hitting record highs, according to Citi.
Archive
FTSE 100 closes sharply higher on bargain-hunting
You can tell it is in, to use the market pundit’s cliché, a “risk-on” day by the fact that gold is trading 2.5% (US$51) lower at US$1,992.30 an ounce.
Fresnillo posts 3% lift in 2021 earnings after operationally challenging year
Labour reform in Mexico, which restricted the company's ability to subcontract labour, came into effect last September
Meet the new haven ... same as the old haven: gold!
If it’s not safe it’s not much of a haven, is it? Gold is up 2.6% today while Bitcoin is down 6.5% (and down some 25% in 2022)
Archive
Today's Market View - Anglo American and Fresnillo.
Fresnillo (LON:FRES) 888p, Mkt cap £6.5bn - Fresnillo’s Juanicipio Mexico project sees delayed startup on grid connection issues due to Covid-related staff shortages at utility Fresnillo and MAG Silver’s Juanicipio project in Mexico has exp
Fresnillo hit by Covid delay to Juanicipio mine
Before the pandemic, the companies expected the mine to begin production in mid-2020
Fresnillo posts 59% jump in interim profits on higher gold and silver production and metal prices
it remains on track to meet its 2021 full-year production guidance
Investments and investor services
Gold miners appeal as precious metal sneakily regains momentum, says RBC
“From a risk-reward perspective, we continue to see substantial upside for the gold equities"
Fresnillo weak as UBS downgrades to ‘sell’ from ‘neutral’ on valuation grounds
The Swiss bank also reduced its target price for the FTSE 100-listed firm to 700p from 1,100p, with the shares currently trading at 1,022.50p, down 0.7%
Silver surges amid short squeeze fever sparked by Reddit’s WallStreetBets
As with GameStop, analysts suggested retail investors (and probably some 'smart money' funds) are targeting short sellers and casting their eye about for new targets
Fresnillo expects lower gold production after land slip and permit delays
Silver production was down 2.5% quarter on quarter, while gold was up 24.8%