Edition:
India

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.