Fresnillo cuts full-year gold production guidance
Silver production guidance was maintained at 51-56mln ounces
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.
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Fresnillo profits spike as strong gold and silver prices offset COVID-19 production shortfall
“The combination of higher commodity prices and lower costs has resulted in a significant rise in profitability during the first half,” said Octavio Alvídrez.
Fresnillo cuts gold guidance as coronavirus restrictions hit open-pit mines
Quarterly silver production was up 2.8% on the first quarter, while gold production fell 6.4%
The gold-silver ratio narrows, providing boosts to companies like Fresnillo and Alien Metals
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Fresnillo profits drop, expects return to growth in 2021
Fresnillo is London's go-to silver company, but its shares have halved in value over the past three years
Fresnillo moves production date forward at Juanicipio after cost blow-out
Fresnillo expects production of 11.7mln ounces of silver per year from Juanicipio
Fresnillo cautious on production in current year
The Mexican group expects to produce 51mln-56mln ounces of silver and 815,000-900,000 ounces of gold in 2020
Fresnillo reveals drop in Q3 silver and gold production
Previously downgraded gold production guidance remains intact, but the company now reckons it will arrive at the lower end of the range.
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Fresnillo posts sharp drop in sales and profits for first half of 2019
A cost cutting programme will be rolled out in the second half of 2019
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Fresnillo slumps as it cuts 2019 production guidance
Fresnillo said gold and silver production dropped in the second quarter
Fresnillo to take small profit hit after Mexican tax tweak
The FTSE 100 group decided it was “in the company’s best interests” to treat all its mines according to a previous agreement with Mexican tax authorities
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FTSE 100 closes higher as global markets buoyed by Fed's hint on rates
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FTSE 100 closes higher despite continued trade worries
The UK's blue-chip benchmark added over 23 points to close at 7,184
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The FTSE 100 index closed 37.62 points, or 0.5% lower at 7,434.13, albeit above the session low of 7,405.99 as US stocks continued to post big falls on Thursday
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Barclays set to kick off Q1 reporting season for UK banks
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FTSE 100 ends in positive territory, taking the cue from the Dow and data from China
"Equities have been relentlessly positive all day, with the session having started off on the front foot thanks to Chinese credit growth, which rose 10.7% over the year to hit a sum equivalent to 9% of the country’s GDP," said Chris Beaucha