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FRES Fresnillo Plc

565.50
3.00 (0.53%)
Last Updated: 09:35:40
Delayed by 15 minutes
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
  3.00 0.53% 565.50 564.00 565.00 572.50 563.00 568.00 58,688 09:35:40
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Silver Ores 2.74B 233.91M 0.3174 17.82 4.17B

Fresnillo First Quarter Silver Production Rises, On Track for Fiscal Year Targets

16/04/2014 8:29am

Dow Jones News


Fresnillo (LSE:FRES)
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By Rory Gallivan

LONDON--Mexican precious metal miner Fresnillo PLC (FRES.LN) Wednesday reported a rise in silver production for the first quarter ending March 31 after more ore was processed and said it's on track to meet 2014 production targets.

Silver production was 10.4 million ounces for the quarter, up 3.5% from the same period a year ago, while gold production fell 29.7% to 82,653 ounces due to mine closures.

The company said it's on track to produce 43 million ounces of silver in 2014 and 450,000 ounces of gold.

Shares closed Tuesday at 902 pence valuing the company at GBP6.6 billion ($11 billion).

Write to Rory Gallivan at rory.gallivan@wsj.com; Twitter: @RoryGallivan

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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