Fresnillo maintains 2019 guidance despite weaker-than-expected quarterly production
Fresnillo has started construction on the Juanicipio joint venture with MAG Silver Corp after the project received board approval
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 higher as Morgan Stanley ups its rating to ‘equal-weight’ from ‘underweight’ as short-term risks recede
The US investment bank's analysts said: “We still see regulatory issues for Fresnillo and other miners in Mexico, although the speed of implementation of change looks slower"
Investments and investor services
FTSE 100 closes Friday higher and gains on week as investor growth fears ease
The footsie closed up nearly 43 points at 7,228, while FTSE 250 gained almost 208 points at 19,491
Fresnillo shares tumble as production targets missed
Fresnillo disappointed the market by missing its long-term production target of 65mln ounces
FTSE 100 closes lower as Brexit is talk of the town
Footsie closed down around 32 points at 7,151, while the FTSE 250 added 23 at 19,270
FTSE 100 closes higher on trade talk optimism; miners big winners
President Trump is due to sit down for talks with Chinese Vice Premier Liu He at around 7.30pm UK time
Fresnillo shares gain after UBS upgrades to 'buy' as it sees attractive risk vs reward
UBS raised its rating on Fresnillo to ‘buy’ from ‘neutral’ and lifted its target price to 1,100p from 900p
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FTSE 100 closes lower on day and week as global growth worries knock sentiment
The UK's premier share index finished almost ten points down. It was also lower on the week as a whole
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Mining updates continue to flow, with investors in Anglo American set for a deep dig
The Day Ahead also includes updates from blue-chip wealth manager St James's Place and new Wagamama owner The Restaurant Group, plus the latest European Central Bank policy meeting
Fresnillo reports record annual silver production but expects output in 2019 to be slightly lower
The Mexico-focused precious metals miner said annual silver production was 61.8mln ounces, up 5.3% on 2017, mainly due to the first full year of operations at San Julián
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FTSE 100 closes in the red as global market unease continues
Britain's blue-chip index closed over 58 points lower at 6,642, while the FTSE 250 was also down
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Blue-chip heavy into hump day as Burberry and Antofagasta report
Updates will be coming thick and fast from both the FTSE 100 and FTSE 250 on Wednesday
Investments and investor services
Brexit a factor in easyJet update, while US/China trade wars could be a drag for Burberry
The Week Ahead will also bring trading updates from the likes of Vodafone, Anglo American, William Hill, Dixons Carphone, and WH Smith, plus the latest UK jobs and wages data
Investments and investor services
FTSE 100: The good, the BATS and the Ocado in 2018
For Ocado, it was a case of "eat my shorts" as short sellers got burnt while for BATS, not enough cigarettes got burnt as e-cigarettes rose in popularity
Builders and building materials
FTSE 100 sticks on firm ground as US stocks bounce higher on Cyber Monday
The FTSE 100 was set to break a losing streak, rising 58 points
Fresnillo downgraded by Morgan Stanley on uncertainty over new Mexico mining laws
Morgan Stanley analysts said that two further bills have now been proposed that could have a larger impact than the previous nine, with the cancellation of existing mining concessions now possible
FTSE 100 closes firmly in the red as PM Theresa May says Brexit deal within grasp
The UK blue-chip benchmark closed down nearly 90 points at 6,960, while the FTSE 250 shed nearly 55 points
FTSE 100 closes with strong gains but Budget provides little impetus for enthusiasm
The FTSE 100 closed strongly as it joined a global rebound off last weeks volatility, however the latest Budget did little to help matters along
Fresnillo downgrades silver forecasts despite 6% rise in Q3 output
“Though silver production is up against all comparable periods, we are revising full-year silver guidance following continued challenges at the Fresnillo and Saucito mines.”
Investments and investor services
FTSE 100 keeps nose above water to finish in positive territory
Footsie finished Wednesday nearly eight points higher at 6,962.