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Fresnillo PLC (FRES.L)

FRES.L on London Stock Exchange

561.00GBp
22 Nov 2019
Change (% chg)

-37.60 (-6.28%)
Prev Close
598.60
Open
600.00
Day's High
603.60
Day's Low
561.00
Volume
4,796,129
Avg. Vol
2,490,962
52-wk High
1,028.00
52-wk Low
561.00

Latest Key Developments (Source: Significant Developments)

Fresnillo Sees FY 2019 Silver, Gold Production Likely To Be At Lower End Of Guided Ranges
Wednesday, 23 Oct 2019 

Oct 23 (Reuters) - Fresnillo PLC ::FRESNILLO PLC - 3Q19 PRODUCTION REPORT.FRESNILLO PLC - CONTINUED TO IMPLEMENT PERFORMANCE IMPROVEMENT PLAN FOR OUR FRESNILLO DISTRICT MINES DURING Q3.FRESNILLO PLC - PROGRAMME INCLUDES INTENSIVE INFILL DRILLING TO IMPROVE GEOLOGICAL MODEL, DILUTION CONTROL AND RAISING DEVELOPMENT RATES.FRESNILLO PLC - TAKING ACTIONS TO ADDRESS MAINTENANCE PERFORMANCE, CONTRACTOR PRODUCTIVITY AND EQUIPMENT AVAILABILITY IN FRESNILLO DISTRICT MINES.FRESNILLO PLC - NOW PROCESSING HIGHER VOLUMES OF ORE ON A MORE CONSISTENT BASIS AT FRESNILLO.FRESNILLO PLC - "DEVELOPMENT PIPELINE IS PROGRESSING WELL".FRESNILLO PLC - CONSTRUCTION OF NEXT MAJOR MINE JUANICIPIO IS MOVING FORWARDS.FRESNILLO-PHASE 2 OF PYRITES PLANT PROJECT AND OPTIMISATION OF BENEFICIATION PLANT TO HANDLE HIGHER LEAD AND ZINC GRADES AT FRESNILLO MINE ON TRACK.FRESNILLO PLC - QUARTERLY SILVER PRODUCTION OF 13.3 MOZ (INCLUDING SILVERSTREAM) DOWN 7.9% VERSUS. 2Q19.FRESNILLO PLC - QUARTERLY SILVER PRODUCTION (INCLUDING SILVERSTREAM) DOWN 14.5% VERSUS 3Q18.FRESNILLO PLC - YEAR TO DATE SILVER PRODUCTION (INCLUDING SILVERSTREAM) DOWN 11.8% VERSUS. YTD18.FRESNILLO PLC - QUARTERLY GOLD PRODUCTION OF 209.8 KOZ, DOWN 5.2% VERSUS. 2Q19 MAINLY DUE TO A LOWER ORE GRADE AT HERRADURA.FRESNILLO PLC - QUARTERLY GOLD PRODUCTION DOWN 6.9% VERSUS. 3Q18.FRESNILLO PLC - YEAR TO DATE GOLD PRODUCTION DOWN 7.0% VERSUS. YTD18.  Full Article

Fresnillo Qtrly Silver Production Of 13.1 Moz Down 14.8 Pct Vs 1Q18
Thursday, 11 Apr 2019 

April 11 (Reuters) - Fresnillo PLC ::1Q19 PRODUCTION REPORT.QUARTERLY SILVER PRODUCTION OF 13.1 MOZ DOWN 14.8% VERSUS. 1Q18.QUARTERLY GOLD PRODUCTION OF 211.1 KOZ, DOWN 8.8% VERSUS. 1Q1.ON TRACK TO ACHIEVE 2019 PRODUCTION GUIDANCE OF 58-61 MOZ SILVER, (INCLUDING SILVERSTREAM) AND 910-930 KOZ GOLD.BOARD APPROVAL FOR DEVELOPMENT OF JUANICIPIO PROJECT, OWNED BY FRESNILLO PLC (56%) AND MAG SILVER CORP (44%), ANNOUNCED TODAY.FULL YEAR GUIDANCE HOWEVER REMAINS UNCHANGED.CONSTRUCTION OF TAILINGS FLOTATION PLANT AT FRESNILLO MINE IS ON TRACK FOR COMPLETION IN 2020.Q1 PRODUCTION IS DOWN AS EXPECTED ON SAME PERIOD LAST YEAR, THOUGH SLIGHTLY WEAKER THAN ANTICIPATED.  Full Article

Fresnillo Says Juanicipio Development Receives Joint Approval
Thursday, 11 Apr 2019 

April 11 (Reuters) - Fresnillo PLC ::FRESNILLO PLC - JUANICIPIO DEVELOPMENT RECEIVES JOINT APPROVAL.FRESNILLO PLC - TOTAL AVERAGE ANNUAL ANTICIPATED PRODUCTION OF 11.7 MOZ SILVER, 43.5 KOZ GOLD, WITH AN INITIAL LIFE OF MINE OF 12 YEARS.FRESNILLO PLC - CO AND MAG SILVER CORP. CONFIRM THAT THEIR SILVER / GOLD JUANICIPIO PROJECT RECEIVED APPROVAL FROM BOARDS,MINERA JUANICIPIO SHAREHOLDERS.FRESNILLO - SILVER/GOLD JUANICIPIO PROJECT, HELD THROUGH MINERA JUANICIPIO, GOT APPROVAL FROM RESPECTIVE BOARDS & FROM MINERA JUANICIPIO SHAREHOLDERS.FRESNILLO PLC - ESTIMATED PRE-OPERATIVE CAPEX OF US$395M AS OF 1 JANUARY 2018.FRESNILLO PLC - JUANICIPIO DEVELOPMENT EXPECTED TO CREATE APPROXIMATELY 2,750 JOBS DURING CONSTRUCTION AND 1,720 JOBS ONCE AT FULL PRODUCTION.FRESNILLO - AT FULL CAPACITY, JUANICIPIO EXPECTED TO PRODUCE ON AVERAGE 11.7 MOZ OF SILVER, 43.5 KOZ OF GOLD A YEAR.  Full Article

Fresnillo Says 2019 Silver Production Expected To Be Slightly Lower, In Range Of 58 TO 61 Moz
Wednesday, 23 Jan 2019 

Jan 23 (Reuters) - Fresnillo PLC ::PRODUCTION REPORT FOR THREE MONTHS AND FULL YEAR ENDED 31 DECEMBER 2018 OVERVIEW.2019 SILVER PRODUCTION EXPECTED TO BE SLIGHTLY LOWER, IN RANGE OF 58 TO 61 MOZ, INCLUDING SILVERSTREAM.ANNUAL SILVER PRODUCTION OF 61.8 MOZ (INCLUDING SILVERSTREAM), UP 5.3% VERSUS. 2017.2019 GOLD PRODUCTION EXPECTED TO BE FLAT, IN RANGE OF 910-930 KOZ..QUARTERLY SILVER PRODUCTION OF 15.5 MOZ (INCLUDING SILVERSTREAM) REMAINED FLAT VERSUS. 3Q18.SEES 2019 EXPLORATION BUDGET OF APPROXIMATELY US$140 MILLION (INCLUDING CAPITALISED EXPLORATION EXPENSES)..QUARTERLY GOLD PRODUCTION OF 232 KOZ, IN LINE WITH 4Q17.  Full Article

Fresnillo Says Quarterly Silver Production Of 15.4 Moz, Up 14 Pct Vs. 1Q17
Wednesday, 25 Apr 2018 

April 25 (Reuters) - Fresnillo PLC ::QUARTERLY SILVER PRODUCTION OF 15.4 MOZ (INCLUDING SILVERSTREAM), UP 14.0% VERSUS. 1Q17 MAINLY DUE TO CONTRIBUTION FROM SAN JULIÁN JM (PHASE II).CONSTRUCTION OF PYRITES PLANT IN FRESNILLO DISTRICT REMAINS ON TRACK WITH LEACHING PLANT AT SAUCITO DUE TO BE COMMISSIONED IN 2Q.SAYS OUTLOOK UNCHANGED.QUARTERLY GOLD PRODUCTION OF 231.5 KOZ, UP 4.1% VERSUS. 1Q17 MAINLY DUE TO HIGHER CONTRIBUTION FROM HERRADURA.QUARTERLY SILVER PRODUCTION DECREASED 3.7% VERSUS. 4Q17 MAINLY DUE TO LOWER VOLUME OF ORE PROCESSED AND ORE GRADE AT SAUCITO.EXPECT TO COMMISSION BOTH PYRITES PLANT AND SECOND DYNAMIC LEACHING PLANT PROJECTS DURING Q2.EXPECT BOTH PYRITES PLANT AND SECOND DYNAMIC LEACHING PLANT PROJECTS TO MAKE A POSITIVE CONTRIBUTION TO FULL YEAR PRODUCTION IN 2018.  Full Article

Fresnillo Says FY EBITDA Rose 2.7 Percent To $1.06 Billion
Tuesday, 27 Feb 2018 

Feb 27 (Reuters) - Fresnillo Plc ::FINAL DIVIDEND 0.298 USDPER SHARE.FY EBITDA ROSE 2.7 PERCENT TO 1.06 BILLION USD.‍EXPECT AN INCREASE IN ORE THROUGHPUT IN 2018 FROM FRESNILLO MINE​.‍2018 SILVER PRODUCTION IS EXPECTED TO RISE TO BETWEEN 67-70 MOZ​.‍2018 GOLD PRODUCTION IS EXPECTED TO BE IN RANGE OF 870-900 KOZ​.FY TOTAL REVENUE $2,093.3 MILLION VERSUS. $1,905 MILLION AS REPORTED A YEAR AGO.FY PROFIT BEFORE INCOME TAX $741.5 MILLION VERSUS $718.2 MILLION AS REPORTED A YEAR AGO.2018 ‍CAPITAL EXPENDITURE IS ANTICIPATED TO BE APPROXIMATELY US$755 MILLION WITH EXPLORATION EXPENSES IN REGION OF US$200 MILLION​.  Full Article

Fresnillo Says Set To Increase Throughput And Silver Ore Grades In 2018​
Wednesday, 24 Jan 2018 

Jan 24 (Reuters) - Fresnillo Plc ::SILVER PRODUCTION EXPECTED TO BE IN RANGE OF 67 TO 70 MOZ INCLUDING SILVERSTREAM IN 2018, IN LINE WITH OUR LONG TERM GUIDANCE​ .‍GOLD PRODUCTION EXPECTED TO BE IN RANGE OF 870-900 KOZ​ IN 2018 .‍RECORD ANNUAL SILVER PRODUCTION OF 58.7 MOZ (INCLUDING SILVERSTREAM) UP 16.6% VERSUS. 2016​.‍QUARTERLY SILVER PRODUCTION INCREASED 10.5% VERSUS 3Q17 DUE TO FIRST COMPLETE QUARTER OF SAN JULIÁN (PHASE II) OPERATING AT FULL CAPACITY​.‍FRESNILLO SET TO INCREASE THROUGHPUT AND SILVER ORE GRADES IN 2018​.  Full Article

Gold-silver bars worth at least $6 mln stolen from Mexican miner

MEXICO CITY, Nov 11 Gunmen robbed a truck carrying bars made of doré - a gold and silver alloy - from a unit of Mexican mining firm Fresnillo, the company said late on Sunday.