Fresnillo begins full load commissioning of Juanicipio project
Mining News Pro - Fresnillo (LSE: FRES) has achieved a significant, long-awaited milestone in the commissioning of its Juanicipio project in Mexico.
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Fresnillo expects to launch Juanicipio mine operations in October
Mining News Pro - Mexican precious metals miner Fresnillo said Tuesday it expects to begin operating a mine in central Mexico owned by Canada’s Mag Silver by the end of October, following months of delays.
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Visit: 499
Fresnillo’s results reflect impact of Mexico outsourcing ban
Mining News Pro - Precious metals miner Fresnillo reported an 11% rise in 2021 pretax profit on the back of higher precious-metals prices, but operational challenges and a new Mexican labour law took some shine off its annual results.
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Visit: 512
Fresnillo cuts production targets on Omicron labour shortage
Mining News Pro - Shares in Fresnillo fell more than 14% on Wednesday after the Mexico-focused miner cut its silver production forecast for 2022, saying that labour absences fuelled by the Omicron variant were expected to have a greater impact in the earlier part of the year than anticipated.
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Fresnillo CEO says Mexico’s mining situation ‘unfavorable’
Mining News Pro - The chief executive of Mexico’s top precious metals miner Fresnillo on Wednesday described the current government’s policies as “unfavorable” for the key industrial sector.
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Visit: 625
Fresnillo reports sharp increase in profitability
Mining News Pro - Precious metals miner Fresnillo has reported a sharp increase in profitability during the first half of the year, on the back of higher precious metals prices and its improved production performance.
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Visit: 496
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.
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Visit: 546
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.
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Visit: 653
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.
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Visit: 658
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.
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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.
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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.
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Visit: 1010
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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Visit: 1016