Fresnillo’s Silver Production Rises in Q2

By |2018-07-26T04:19:27+00:00July 26th, 2018|Coin Shop Blog|Comments Off on Fresnillo’s Silver Production Rises in Q2

The world's largest silver producer Fresnillo's (LSE:FRES) second quarter silver production jumped 5.7 percent year-on-year and 1.6 quarter-on-quarter, thanks to higher volume of ore processed at Saucito and the higher grades at Ciénega and San Julián mines, the company reported on Wednesday (July 25). The Mexican-based company currently has seven mines in operation, which has allowed the company to produce 15.34-million ounces of the precious metal in the second quarter, taking half-year output to 30.76-million ounces. “I am pleased to report a robust production performance in the first half. In line with our strategy, we continue to actively manage and [...]