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United Kingdom

Fresnillo PLC (FRES.L)

FRES.L on London Stock Exchange

853.60GBp
21 Sep 2018
Change (% chg)

6.00 (+0.71%)
Prev Close
847.60
Open
858.00
Day's High
868.60
Day's Low
842.20
Volume
3,404,111
Avg. Vol
1,176,062
52-wk High
1,484.00
52-wk Low
769.00

Latest Key Developments (Source: Significant Developments)

Fresnillo Revises FY Gold, Silver Production Forecast
Tuesday, 31 Jul 2018 

July 31 (Reuters) - Fresnillo PLC ::INTERIM DIVIDEND 0.107 USDPER SHARE.SAYS HY ADJUSTED REVENUES OF $1,189.9 MILLION, UP 11.3 PERCENT.SAYS HY SILVER PRODUCTION OF 30.8 MOZ (INCLUDING SILVERSTREAM), UP 9.7 PERCENT, AND GOLD PRODUCTION OF 465 KOZ, UP 4.4 PERCENT.FULL YEAR CONSOLIDATED PRODUCTION GUIDANCE HAS BEEN REVISED MARGINALLY.SEES FY CONSOLIDATED TOTAL GOLD PRODUCTION OF 900 - 930 KOZ AND TOTAL SILVER PRODUCTION OF 64.5 - 67.5 MOZ INCLUDING SILVERSTREAM.  Full Article

Fresnilo Reiterates 2018 Production Guidance
Wednesday, 30 May 2018 

May 30 (Reuters) - Fresnillo PLC ::SAN JULIÁN PHASE II WAS COMMISSIONED ON BUDGET, AND PROJECT REACHED NAMEPLATE CAPACITY AS EXPECTED IN Q3.BOTH PYRITES PLANT IN FRESNILLO DISTRICT AND SECOND DYNAMIC LEACHING PLANT AT HERRADURA, HAVE ADVANCED ON TIME AND ON BUDGET.BOARD EXPECTS TO APPROVE DEVELOPMENT OF JUANICIPIO PROJECT IN COMING MONTHS, AND WE ANTICIPATE START-UP OF PRODUCTION IN MID-2020.OUTLOOK FOR YEAR IS UNCHANGED.ON TRACK TO ACHIEVE 2018 PRODUCTION GUIDANCE OF 67 TO 70 MILLION OUNCES OF SILVER, (INCLUDING SILVERSTREAM) AND 870 TO 900 THOUSAND OUNCES OF GOLD.APPROVED APPOINTMENT OF MR ALEJANDRO BAILLÈRES AS DEPUTY CHAIRMAN OF COMPANY.  Full Article

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

UPDATE 1-Britain's FTSE lags peers as upbeat retail data boost pound

LONDON, Sept 20 UK shares lagged their European peers on a trade war relief rally on Thursday, after better-than-expected UK retail data boosted the pound which acts as an accounting drag on their foreign revenues.