Fresnillo - Investment Case

Key Facts

  • World's leading primary silver producer and Mexico's second largest gold producer
  • Market cap of US$ 11.22 Billion (21-Jul-17)
  • Mining concessions of 1.8 million hectares in Mexico
  • Cash costs and AISC amongst the lowest in the industry
  • Production target of 65 moz of silver by 2018 (suceeded 750 koz gold target)
  • Substantial, high quality project pipeline and strong commitment to disciplined and sustainable growth
  • Focused on projects that can be developed into low-cost, world class mines
  • Solid track record in creating long-term value, underpinned by a strong balance sheet, high quality assets, low cost and flexible operations, with a disciplined approach to development and sustainable business practices

Four strategic business model components to create value

  1. Maximise potential of existing operations
  2. Deliver growth through development projects
  3. Extend the growth pipeline
  4. Advance and enhance the sustainability of our business

Operational Highlights

Operational Highlights

Financial Highlights

AR16 Financial Highlights 

Performance and Production

AR16 Key Performance Production

Geographical shareholder base

The following graph demonstrates the Company's global appeal with a significant shift since IPO in 2008 from a predominantly UK shareholder base.

Geographical Shareholder Base

Where we operate

AR16 Where We Operate

Key Targets

  • Intensifying focus on meeting near-term operational commitments
  • Maximising the potential of flagship Fresnillo mine
  • Delivering second phase of San Julián mine
  • Improving on safety metrics

Quick Links

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