Edition:
India

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.