Fresnillo

One of the world’s oldest continuously operated mines, the Fresnillo mine has been producing silver for more than five centuries; and recently producing 25.3% of the Group's total silver (2022) and generated 18.3% of total adjusted revenue.
Ownership: | 100% Fresnillo plc |
---|---|
Location: | Zacatecas |
Commodity: | Silver |
Operational since: | 1554 |
Facilities: | Underground mine and flotation plant |
Workforce: | 1,617 employees, 2,433 contractors |
Milling Capacity: | 8,000 tpd / 2,640,000 tpy |
Average ore grade in reserves: | 242 Silver (g/t), 0.77 Gold (g/t) |
Total Reserves: | 91.6 Silver (moz), 291 Gold (oz) |
Mine Life: | 4.8 at 7,350 tpd (2021: 6.0), (2,424k tpy) |
Mine Production
1Q23 |
4Q22 |
% change |
1Q22 |
FY22 |
FY21 |
% change |
|
Ore processed (t) |
668,366 |
624,105 |
7.1 |
575,499 |
2,462,409 |
2,216,467 |
11.1 |
Production |
|
|
|
|
|
|
|
Gold (oz) |
8,750 |
8,314 |
5.2 |
8,480 |
34,432 |
33,743 |
2.0 |
Lead (t) |
5,651 |
5,609 |
0.7 |
4,487 |
21,756 |
18,796 |
15.7 |
Zinc (t) |
12,094 |
11,097 |
9.0 |
9,381 |
43,343 |
34,530 |
25.5 |
Ore grades |
|
|
|
|
|
|
|
Gold (g/t) |
0.57 |
0.58 |
(2.4) |
0.64 |
0.61 |
0.68 |
(10.3) |
Lead % |
1.00 |
1.05 |
(5.2) |
0.99 |
1.05 |
1.01 |
4.0 |
Zinc % |
2.42 |
2.37 |
1.9 |
2.24 |
2.38 |
2.20 |
8.2 |