Fresnillo PLC (FRES.L)
Latest Key Developments (Source: Significant Developments)
Fresnillo Plc:Incident at the Saucito mine.Note statement published by PROFEPA ( Mexican Environmental Authority) in respect of an incident at Saucito mine on December 6. Incident occurred due to rupture of a pipeline while non-toxic solution was being pumped from beneficiation plant to tailings dam.Immediately informed authorities, who have concluded in their initial review that situation is of limited scale, and as a result operations have not been and will not be suspended.85 pct of affected area has already been remediated and company expects to conclude all remediation activities by Friday. Fresnillo does not expect any material financial impact or loss of production as a consequence of incident.Investigation into reasons behind this incident is underway. Full Article
Fresnillo Plc:Says that it is on track to achieve its FY 2015 guidance of 45-47 moz silver (including Silverstream) and 715-730 koz gold. Full Article
Aug 1 Precious metals miner Fresnillo Plc said profit for its first half nearly doubled boosted by higher gold and silver prices and increased silver output from its San Julian and Fresnillo mines.