Fresnillo PLC (FRES.L)
* Financials biggest support after China stimulus (Adds news items, analyst comment, updates share prices to close)
MEXICO CITY, July 30 Shares of Mexican miner Penoles fell as much as 14% on the Mexican stock exchange Tuesday morning, reaching their weakest level in more than three years, after its Fresnillo subsidiary reported weak earnings.
* Core earnings miss expectations (Adds consensus, CEO comments, details)
July 30 Fresnillo's profit plunged by more than two-thirds in the first half of the year, hit by a drop in production and higher costs, the silver and gold miner said on Tuesday as it cut its capital spending budget for the year.
July 17 Oil majors pulled London's main index lower on Wednesday as stock market investors priced in an overnight slide in crude to one-week lows, while miner Fresnillo tumbled on a cut in its annual production forecast.
July 17 Miner Fresnillo cut its output targets for 2019, citing lower-than-expected ore grades and delays in construction at its Herradura gold mine in Mexico after reporting a drop in second-quarter output from a year earlier.
July 17 Miner Fresnillo cut its production targets for 2019 on Wednesday, citing lower-than-expected grades of ore grades and delays in construction work at its Herradura gold mine in Mexico as it reported year-on-year falls in second-quarter output.
May 21 Fresnillo said on Tuesday the current year would be more challenging than 2018 as a number of industry variables were "working against" the precious metals miner.
May 21 Fresnillo said on Tuesday that 2019 would be a more challenging year than 2018, warning that a number of industry variables were "working against" the precious metals miner.
April 11 Precious metals miner Fresnillo reported a fall in first-quarter production on Thursday, calling it "slightly weaker than anticipated" but sticking to output targets for the year as spending on tackling operational issues paid off.