Edition:
India

Fresnillo PLC (FRES.L)

FRES.L on London Stock Exchange

1,274.50GBp
18 May 2018
Change (% chg)

3.00 (+0.24%)
Prev Close
1,271.50
Open
1,265.50
Day's High
1,283.00
Day's Low
1,259.50
Volume
893,302
Avg. Vol
1,073,047
52-wk High
1,746.00
52-wk Low
1,150.50

Latest Key Developments (Source: Significant Developments)

Fresnillo says ‍on track to achieve 2017 production guidance
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Fresnillo Plc :Q3 SILVER PRODUCTION OF 14.6 MOZ (INCLUDING SILVERSTREAM), UP 24.1% VERSUS. 3Q16​.‍QUARTERLY GOLD PRODUCTION OF 233 KOZ, UP 6.1% VERSUS. 3Q16 (220 KOZ) DUE TO CONTRIBUTION FROM SAN JULIÁN​.‍YEAR TO DATE (YTD) SILVER PRODUCTION OF 42.7 MOZ (INCLUDING SILVERSTREAM), UP 15.3% VERSUS. YTD16​.‍YTD GOLD PRODUCTION OF 679 KOZ, UP 1.7% VERSUS. YTD16 (667 KOZ) DUE TO CONTRIBUTION OF SAN JULIÁN PARTLY​.‍ON TRACK TO ACHIEVE 2017 PRODUCTION GUIDANCE OF 58-61 MOZ SILVER (INCLUDING SILVERSTREAM) AND 870-900 KOZ GOLD​."‍CONTINUE TO IMPLEMENT TURNAROUND PLAN AT FRESNILLO, SEE INCREASE IN SILVER PRODUCTION FOR YEAR OF BETWEEN SEVEN AND EIGHT PER CENT​".  Full Article

Fresnillo says Q3 silver production up 6.7 pct
Wednesday, 12 Oct 2016 

Fresnillo Plc : production report for three months ended 30 september 2016 . Says quarterly silver production of 11.8 moz (including silverstream), up 6.7 pct versus. 3Q15 mainly due to start-up of phase 1 of San Julián . Says quarterly silver production down 9.4 pct versus 2Q16 mainly due to expected lower ore grades and lower recovery rate at Saucito . Says year to date silver production of 37.0 moz (including silverstream), up 6.3 pct on same period of 2015 . Quarterly gold production of 220 koz, up 20.9 pct versus. 3Q15, due to higher volumes processed and higher ore grades at Herradura and Noche Buena . Says year to date gold production of 667 koz, up 22.3 pct on same period of 2015 . Says milling facility at San Julián is processing ore and leaching plant has been operating normally since august . Says phase 2 commissioning now expected 2q17 due to external factors . Says on track to achieve our recently raised full year gold guidance of 850-870 koz and our full year silver guidance of 49-51 moz . Says we remain on track to meet our full year production guidance of 850-870 koz gold and 49-51 moz of silver .Says recently volumes processed have come under pressure as a result of some equipment availability and personnel issues.  Full Article

Fresnillo says San Julián facility operating normally for a week
Thursday, 18 Aug 2016 

Fresnillo Plc :Milling facility at San Julián (Phase 1) has been processing ore and leaching plant operating normally for a week.  Full Article

Fresnillo CEO Alvidrez says silver price has bottomed
Tuesday, 2 Aug 2016 

Fresnillo Plc : Ceo alvidrez says "we have hit the bottom for silver price" . Ceo alvidrez says silver prices could continue at these levels for the rest of the year . Ceo alvidrez says still sees 2016 global silver production growth slightly lower to flat despite higher prices . Ceo alvidrez says at current prices, co would expect a stronger h2 result than h1 . Ceo alvidrez says currently expects 2017 capex of about $700 million Further company coverage: [FRES.L] (((Bengaluru Newsroom +91 806 749 1136);)).  Full Article

Fresnillo says H1 EBITDA of $474 mln
Tuesday, 2 Aug 2016 

Fresnillo Plc : Interim dividend 0.086 usdper share . Maintain contingency plan which was put in place at beginning of year . H1 ebitda $474.0 million versus $317.9 million year ago up 49.1 percent .H1 total revenues increased 17.9% half on half to us$886.9 million.  Full Article

Fresnillo ups FY gold production forecast to 850-870 thousand ounces
Wednesday, 20 Jul 2016 

Fresnillo Plc : Says quarterly gold production down 5.3% versus. 1Q16 . Says full year gold guidance raised to 850-870 koz from 775-790 koz . Says expect full year silver production at this mine to show an increase of around 6% compared to 2015 . Says looking ahead, we are today raising our gold production guidance for full year to 850-870 thousand ounces . Says qtrly and h1 silver production increased 9.4% and 5.8% respectively versus comparable periods of 2015; result of higher ore grades . Says production report for three months ended 30 june 2016 . Says quarterly silver production of 13.0 moz (including silverstream), up 14.5% versus. 2Q15 and up 6.3% versus. 1Q16 . Says first half silver production of 25.2 moz (including silverstream), up 6.1% versus. 1H15 . Says mainly due to increased ore processed at saucito and higher ore grades at ciénega . Says quarterly gold production of 218 koz, up 19.6% versus. 2Q15, and first half gold production of 448 koz, up 23.0% versus. 1H15 . Says full year silver production remains on track (49-51 moz, including silverstream) . Says our full year silver production guidance remains unchanged .Says remain on track to meet our silver production guidance of 49-51 million ounces.  Full Article

Fresnillo confirms 2016 gold and silver production guidance
Friday, 1 Jul 2016 

Fresnillo Plc : Announce that construction of San Julián project phase 1 has been completed on time and on budget. . Company confirms its guidance of 775-790 koz of gold and 49-51 moz of silver for 2016 . Higher than expected volumes produced at Saucito will compensate for shortfall production at San Julián .$515 million San Julián silver-gold project has an expected average production of 10.3 million ounces of silver and 44,000 ounces of gold per year once phase 2.  Full Article

UPDATE 1-Mexico-focused Fresnillo's Q1 gold, silver production climbs

April 25 Precious metals miner Fresnillo Plc on Wednesday reported a 14 percent rise in first-quarter silver production, boosted by the start of phase II operations at the company's San Julian facility in Mexico.