Member Company Profile

Fresnillo plc

FRES:LN|Last Price: USD 10.39|Market Cap: USD 7.65 B

USD 0.12        USD 13.14


Gold Price: $1,438.35|Silver Price: $16.37|Platinum Price: $858.00|Palladium Price: $1,529.00|Gold:Silver: 87.9


Status: Producer|Primary Mineral: Silver|Primary Country of Operation: Mexico


Last Updated: September 21, 2018

  Print Profile

IR Contact

Gabriela Mayor
+442073992470
[email protected]
www.fresnilloplc.com

Address

Calzada Legaria, No. 549, Colonia 10 de abril
Mexico, DF 11250
Mexico

Cautionary Information

© Copyright 2019, Denver Gold Group & Fresnillo plc.
Although every care has been taken to ensure that this data is accurate, Denver Gold Group cannot accept responsibility for sourcing variances, mistakes, errors or omissions or for any action taken in reliance thereon. Use of this data is governed by Denver Gold Group's Terms of Use.

Fresnillo plc is the world's largest primary silver producer and Mexico's largest gold producer, listed on the London and Mexican Stock Exchanges under the symbol FRES.

Fresnillo plc has seven operating mines, all of them in Mexico: Fresnillo, Saucito, Ciénega (including the San Ramón satellite mine), Herradura, Soledad-Dipolos*, Noche Buena and San Julián (phase I and II); two development projects: the pyrites plant, and second line of DLP at Herradura; and four advanced exploration projects: Orisyvo, Juanicipio, Las Casas Rosario & Cluster Cebollitas and Centauro Deep, as well as a number of other long term exploration prospects. In total, Fresnillo plc has mining concessions covering approximately 1.8 million hectares in Mexico.

Fresnillo plc has a strong and long tradition of mining, a proven track record of mine development, reserve replacement, and production costs in the lowest quartile of the cost curve for silver.
Fresnillo plc's goal is to maintain the Group's position as the world's largest primary silver company, producing 65 million ounces of silver per year by 2018, having already surpassed the gold target of 750,000 ounces.

*Operations at Soledad-Dipolos are currently suspended.

Value Drivers
  • World’s largest primary silver producer and Mexico’s largest gold producer
  • 2018 production target of 64.5-67.5 moz silver (incl Silverstream) and 900-930 koz gold
  • Goal to produce 65 moz silver by 2018, having already surpassed target of 750,000 koz gold

Annual Production
Silver, oz per year
SEOs: No

Annual Proven & Probable Reserves
Silver, Moz per year
Mineral Authority: JORC , SEOs: No

All data is attributable unless otherwise stated in footnotes. Mineral resources are exclusive of reserves unless otherwise stated in footnotes.

Top Shareholders
  • Industrias Peñoles S.A.B de C.V.
  • First Eagle Investment Management LLC
  • Blackrock, Inc.
Management
Chairman: Alberto Baillères
CEO: Octavio Alvídrez
CFO: Mario Arreguín
COO: Roberto Díaz
VP, Exploration: David Giles
Head of IR: Gabriela Mayor
More Detail
Capital Structure
Common Shares Outstanding: 736,893,589
Float (%): 25.00
Fully Diluted Shares: 736,893,589

IR Contact

Gabriela Mayor
+442073992470
[email protected]
www.fresnilloplc.com

Address

Calzada Legaria, No. 549, Colonia 10 de abril
Mexico, DF 11250
Mexico

Cautionary Information

© Copyright 2019, Denver Gold Group & Fresnillo plc.
Although every care has been taken to ensure that this data is accurate, Denver Gold Group cannot accept responsibility for sourcing variances, mistakes, errors or omissions or for any action taken in reliance thereon. Use of this data is governed by Denver Gold Group's Terms of Use.