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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Fresnillo Plc | LSE:FRES | London | Ordinary Share | GB00B2QPKJ12 | ORD USD0.50 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -4.00 | -0.69% | 576.00 | 575.50 | 576.50 | 598.00 | 575.00 | 592.50 | 650,210 | 16:25:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Silver Ores | 2.74B | 233.91M | 0.3174 | 18.13 | 4.24B |
From May 2019 to May 2024
By Alex MacDonald
LONDON--Mexican precious metals producer Fresnillo PLC (FRES.LN) said Thursday that the milling plant at its San Julián mine has been processing ore and the leaching plant has been operating normally for a week after the completion of the mine's first-phase development project.
The company is now constructing a flotation plant, which marks the second phase of the mine project. The flotation plant is forecast to be commissioned in the fourth quarter of this year.
Fresnillo, the world's largest primary silver producer and Mexico's second-largest gold producer, is spending $515 million to develop the San Julian silver and gold project. Once fully operational, the mine is forecast to produce an average of 10.3 million ounces of silver and 44,000 ounces of gold a year.
Write to Alex MacDonald at alex.macdonald@wsj.com
(END) Dow Jones Newswires
August 18, 2016 03:02 ET (07:02 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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