Fresnillo annual profit soars, cautious on 2021 outlook

Mining News Pro - Precious metals miner Fresnillo reported a sharp jump in full-year pre-tax profit on Tuesday, boosted by strong gold and silver prices, but the company said it remains cautious for 2021 due to the continued impact of the pandemic in Mexico.

Fresnillo takes up $482m of tender offer for 2023 notes

Mining News Pro - Mexican precious metals mining company Fresnillo said on Wednesday it had taken up $481.721-million of a tender offer to buy back some $800-million of its notes maturing in 2023.

Fresnillo to kick off production at Juanicipio mid-year

Mining News Pro - Mexico-focused precious metals miner Fresnillo said on Monday that it expected to begin production at its 56%-owned Juanicipio silver and gold project in Zacatecas in mid-2020, at an additional cost of $45 million.

Several doré bars stolen from Fresnillo’s Mexican subsidiary

Mining News Pro - Local media in Mexico report that armed men robbed a truck carrying doré bars from the Noche Buena mine, operated by Minera Penmont, a subsidiary of precious metals miner Fresnillo.

Fresnillo’s subsidiary granted disputed land in Sonora

Mining News Pro - Mexican authorities ruled that an area known as El Bajío or La Franjita, in the northwestern state of Sonora, belongs to Minera Penmont, a subsidiary of Mexico-focused precious metals miner Fresnillo.

Fresnillo shares plunge as profits fall short despite precious metals prices rally

Mining News Pro - Shares in Mexico-focused precious metals miner Fresnillo (LON:FRES) hit a three-year low on Tuesday after it reported half-year results that fell short of market expectations.

Fresnillo cuts 2019 production, cites challenging times

Mining News Pro - Shares in Fresnillo (LON:FRS), the world’s largest silver miner, dropped by almost 5% to the bottom of the FTSE 100 after it cut its annual production targets, citing lower-than-expected ore grades and construction delays at its gold mines in Mexico.

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