Fresnillo delivers 'sound' 2023 despite profits falling 54%

5th Mar 2024 08:52

(Sharecast News) - Shares in Fresnillo gained on Tuesday after the Mexico-focused precious metals miner celebrated a "sound operating performance" in 2023 despite profits dropping by more than a half.

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London close: Stocks turn weaker ahead of busy week for earnings

29th Jan 2024 17:25

(Sharecast News) - London's stock market saw slight declines by the close on Monday, as investors turned their attention to a week filled with corporate earnings reports and central bank announcements.

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London close: Stocks rise on positive news from China

24th Jan 2024 16:31

(Sharecast News) - London markets finished with a positive performance on Wednesday, driven by gains in the mining sector following China's announcement of an upcoming reduction in the reserve requirement ratio for banks.

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Fresnillo silver production stable in fourth quarter

24th Jan 2024 07:27

(Sharecast News) - Mining firm Fresnillo reported a 0.9% increase in fourth quarter silver production on Wednesday, to 13,548 kiloounces (koz).

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London close: Stocks make small gains in wake of rate decisions

18th Dec 2023 15:35

(Sharecast News) - London stocks closed with minimal changes on Monday, following a week marked by significant central bank decisions.

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London close: Stocks mixed as US GDP growth tops forecasts

29th Nov 2023 16:40

(Sharecast News) - London markets closed with a mixed performance on Wednesday, influenced by a combination of UK data releases and robust economic growth in the US.

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London close: Stocks start week in subdued state

27th Nov 2023 16:12

(Sharecast News) - London's financial markets saw a somewhat subdued performance on Monday, as concerns regarding the Chinese economy cast a shadow over investor sentiment.

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London close: Stocks tumble on Powell comments as GDP stagnates

10th Nov 2023 15:45

(Sharecast News) - London markets declined on Friday as investors reacted to hawkish remarks by Federal Reserve chair Jerome Powell made overnight.

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London close: Retail stocks rise on mixed day for markets

8th Nov 2023 14:59

(Sharecast News) - London's stock markets experienced a mixed day of trading on Wednesday after a robust performance from the retail sector, led by gains from Marks and Spencer.

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Fresnillo output falls in Q3, but full-year guidance unchanged

25th Oct 2023 07:16

(Sharecast News) - Precious metals miner Fresnillo said it remains on track to hit full-year production targets despite both silver and gold output falling in the third quarter.

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London midday: Stocks slip as core inflation stays high

16th Aug 2023 11:23

(Sharecast News) - UK stocks were trading at five-week lows on Wednesday despite some big gains from blue-chip insurers, with market sentiment hit by fears that the Bank of England may step in to raise interest rates once again.

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Europe open: Stocks off to a weak start in August

1st Aug 2023 07:28

(Sharecast News) - The month of August got off to a soft start for European stocks following the release of weaker-than-expected factory survey data out of China.

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Fresnillo 1H profits hit by cost inflation, peso strength

1st Aug 2023 07:17

(Sharecast News) - Fresnillo's profits were hammered during the first half of 2023 by cost inflation and the sharp strengthening in the Mexican peso.

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Fresnillo maintains guidance after second-quarter silver surge

26th Jul 2023 07:41

(Sharecast News) - Fresnillo reported significant increases in silver production in the second quarter and the first half on Wednesday, driven by the ramp-up of the Juanicipio project, while gold production faced challenges amid operational issues at some of its mines.

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Fresnillo expects minimal impact from Mexico mining law reform

9th May 2023 07:24

(Sharecast News) - Fresnillo updated the market on Mexico's reformed federal mining law on Tuesday, claiming that its potential impact on current operations and exploration projects would be minimal.

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