Fresnillo FY profits slump on lower grades, production

3rd Mar 2020 07:46

(Sharecast News) - Miner Fresnillo reported a plunge in full year profits on Tuesday due to lower ore grades and a slowdown in production at its Noche Buena mine in Mexico.

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Fresnillo says Juanicipio JV to start ahead of schedule

24th Feb 2020 07:28

(Sharecast News) - Precious metals miner Fresnillo said its $395m Juanicipio silver/gold joint venture in Mexico would now start ahead of schedule but reported a rise in equipment purchases and construction contract costs.

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Fresnillo reports lower annual gold, silver production

29th Jan 2020 07:03

(Sharecast News) - Miner Fresnillo reported a year-on-year fall in gold and silver production on the back of expected lower grades from its operations.

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FTSE 100 movers: Evraz drops, Fresnillo climbs

3rd Dec 2019 14:02

(Sharecast News) - London's FTSE 100 was lower by 1.72% at 7,160.65 in afternoon trade on Tuesday, with Evraz leading the index downward.

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Fresnillo narrows 2019 production guidance

2nd Dec 2019 08:00

(Sharecast News) - Fresnillo narrowed its 2019 outlook to around 885,000 ounces of gold and 55 million ounces of silver, it announced on Monday, with both figures remaining within its stated guidance.

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Thursday broker round-up

14th Nov 2019 13:10

(Sharecast News) - Tullow Oil: Jefferies downgrades to hold with a target price of 168p.

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Fresnillo sees FY production at lower end of range as Q3 output drops

23rd Oct 2019 08:54

(Sharecast News) - Precious metals miner Fresnillo posted a decline in third-quarter silver and gold production on Wednesday as it said annual production would be at the lower end of its target range.

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Thursday broker round-up

12th Sep 2019 10:29

(Sharecast News) - InterContinental Hotels: JPMorgan downgrades to underweight with a target price of 4,700p.

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Moody's reduces Fresnillo outlook to 'stable'

21st Jun 2019 11:13

(Sharecast News) - Moody's has reduced its outlook on Fresnillo's debt to 'stable' from 'positive' citing negative free cash flow expectations and the company's exposure to Mexico.

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Fresnillo says 2019 to be 'challenging year'

21st May 2019 07:33

(Sharecast News) - Gold and sliver miner Fresnillo said it expected 2019 to be "a more challenging year" than 2018, with a number of industry variables "potentially working against us".

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Friday broker round-up

25th Jan 2019 13:21

(Sharecast News) - Fresnillo: UBS upgrades to buy with a target price of 1,100p.

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UBS upgrades 'inexpensive' Fresnillo to 'buy'

25th Jan 2019 12:40

(Sharecast News) - Analysts at UBS upgraded Mexican-based precious metals mining company Fresnillo to 'buy' on Friday, noting the firm was "as inexpensive as it has been for a number of years".

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Fresnillo reports record silver production in 'challenging' year

23rd Jan 2019 07:26

(Sharecast News) - Miner Fresnillo reported record annual silver production of 61.8m ounces, up 5.3% mainly due to the first full year of operations at the San Julián operation.

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Fresnillo ropes in Andre Sougarret Larroquete as its new COO

9th Jan 2019 07:40

(Sharecast News) - Fresnillo confirmed the appointment of André Sougarret Larroquete as its new chief operating officer on Wednesday, to oversee the safe and efficient running of its existing mines.

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Morgan Stanley downgrades Fresnillo on Mexico uncertainty

22nd Nov 2018 12:18

(Sharecast News) - Precious metals miner Fresnillo slumped on Thursday as Morgan Stanley cut its stance on the stock to 'underweight' from 'equalweight' and slashed the price target to 715p from 1,100p citing uncertainty about proposed mining legislation in Mexico.

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