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.
Read moreEurope 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.
Read moreFresnillo 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.
Read moreFresnillo 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.
Read moreFresnillo 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.
Read moreFresnillo posts decent first-quarter production figures
26th Apr 2023 07:30
(Sharecast News) - Fresnillo reported a 5.1% increase in quarterly attributable silver production for the first quarter of 2023, totaling 13.1 million ounces, including Silverstream.
Read moreFresnillo sees 2022 profits more than halve amid cost pressures
7th Mar 2023 07:10
(Sharecast News) - Gold and silver miner Fresnillo saw its profits more than halve in 2022 amid volatility in precious metals' prices and increased cost pressures.
Read moreFresnillo ups 2023 gold guidance
25th Jan 2023 07:26
(Sharecast News) - Fresnillo boosted its guidance for 2023 gold production on Wednesday, following a "solid" end to the year.
Read moreUBS downgrades Fresnillo to 'sell'
19th Jan 2023 11:25
(Sharecast News) - UBS downgraded precious metals miner Fresnillo on Thursday to 'sell' from 'neutral' and cut the price target to 850p from 900p.
Read moreFresnillo completes downstream power testing at Juanicipio
28th Dec 2022 07:56
(Sharecast News) - Fresnillo confirmed on Wednesday that the final testing of the downstream power distribution and control systems at the Juanicipio project was now complete.
Read moreFresnillo successfully concludes testing of substation equipment at Juanicipio Project
22nd Nov 2022 08:01
(Sharecast News) - Silver mining group Fresnillo said on Tuesday that testing to verify compatibility between new and updated substation equipment at its Juanicipio Project site had been concluded successfully.
Read moreFresnillo Q3 silver production falls, gold production flat
26th Oct 2022 08:22
(Sharecast News) - Mining company Fresnillo said on Wednesday that it had seen a fall in silver production over the third quarter, as well as flat gold production throughout the period.
Read moreFresnillo completes construction work related to electrical grid tie-in at Juanicipio
13th Sep 2022 07:45
(Sharecast News) - Silver producer Fresnillo has wrapped up all construction activities related to the final tie-in to the electrical grid at its Juanicipio mine, leaving all systems now ready to be energised.
Read moreBofA lowers target for Fresnillo after 1H numbers, but stays at 'buy'
3rd Aug 2022 13:25
(Sharecast News) - Analysts at Bank of America lowered their target price for shares of precious metals miner Fresnillo but reiterated their 'buy' recommendation following the outfit's latest interim figures.
Read moreFresnillo interim profits fall as silver prices decline
2nd Aug 2022 07:49
(Sharecast News) - Precious metals miner Fresnillo posted a decline in interim profits on Tuesday but backed its guidance for the full year.
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