News: Fresnillo PLC (FRES.L)

FRES.L on London Stock Exchange

19 Dec 2014
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23.50p (+3.28%)
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Wed, Oct 15 2014

CORRECTED-UPDATE 1-Miner Fresnillo looks to hedge some gold output

(Corrects paragraph 4 to show the company received shareholder approval for acquiring Newmont's stake, not for hedging output)

Mexican miner Fresnillo reports flat third-quarter silver output

Oct 15 - Mexican gold and silver miner Fresnillo Plc said third-quarter silver production remained at similar levels to a year earlier as higher ore volumes processed at its Saucito mine and increased production from Silverstream compensated for lower grade-ore mined at its Fresnillo mine.

BRIEF-Fresnillo completes buy of Newmont Mining's Penmont interest

* Completion of acquisition of Newmont Mining's 44% interest in Penmont joint venture Source text for Eikon: Further company coverage:

FTSE index steadies, Draghi pledge underpins

LONDON, Sept 24 - Britain's top share index steadied on Wednesday, with supportive comments from European Central Bank chief Mario Draghi and gains from Fresnillo after positive comments from a top bank on its outlook underpinning the market.

Draghi pledge of continued support helps stabilise FTSE

LONDON, Sept 24 - Britain's top share index steadied on Wednesday after recent hefty falls, underpinned by supportive comments from European Central Bank chief Mario Draghi and solid gains from index heavyweight Vodafone.

UPDATE 2-Fresnillo to buy out Mexican gold mines partner Newmont for $450 mln

* Post-acquisition expects annual output of 750k oz by 2018

Fresnillo to buy out Newmont from Mexico JV for $450 mln

Sept 12 - Fresnillo Plc, a silver and gold miner, said it would buy Newmont Mining Corp's 44 percent stake in their Mexico-focused Penmont joint venture for $450 million.

Fall in mining stocks pegs back Britain's FTSE

LONDON, Aug 22 - Britain's top equity index slipped off three-week highs on Friday, with mining stocks among the worst performers as weak metals prices weighed on the sector.

UPDATE 1-Lower silver and gold prices hit Fresnillo profit

* Average realised silver prices falls 18 pct, gold 12 pct

Fresnillo profit falls on weak silver and gold prices

Aug 5 - Mexican miner Fresnillo Plc reported a 10 percent decline in first-half attributable profit, due mainly to lower silver and gold prices.

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