News: Fresnillo PLC (FRES.L)

FRES.L on London Stock Exchange

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Fri, Sep 12 2014

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.

UPDATE 2-Silver miner Hochschild surpasses cost-savings target

(Adds details on Hochschild's Inmaculada project, Fresnillo Plc results, adds analyst comment)

Fresnillo reports flat second-quarter silver output

July 16 - Mexican miner Fresnillo Plc said quarterly attributable silver output was flat as it processed more ore at its Saucito mine and raised output at its Silverstream mine to compensate for lower ore grades at its Fresnillo mine.

UK's FTSE falls as broker's downgrade hits easyJet

LONDON, June 30 - Britain's top equity index slipped lower on Monday, with budget airline easyJet the worst-performing stock as it felt the effect of a broker downgrade.

Vodafone and weak mining stocks weigh on UK's FTSE

LONDON, March 18 - Britain's top equity index fell for the seventh time in eight sessions on Tuesday, hovering near its lowest level in more than a month as telecoms group Vodafone and mining stocks weighed on the market.

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