Strategic Resources and Relationships

Resources: The key inputs required to sustain our value creation model

Fresnillo B Model Operate Small

Strategic focus:
Safeguard, deploy and invest in our strategic non-mineral resources (human, financial, IT)

  1. Experienced management and skilled personnel: Select, recruit, train, develop, compensate and retain personnel with the requisite knowledge and experience to execute our strategy.

  2. Technology: Deploy systems and methods that support exploration efforts, increase productivity, reinforce sustainability, enhance accountability and support decision-making and financial planning processes.

  3. Financial strength and control: Maintain strict control of cash, assets, costs and expenses to maintain our solid balance sheet and competitive position as a low cost producer, ensure resources to finance growth opportunities and guarantee operational continuity, and deliver shareholder returns.

Relationships: Key stakeholders with whom we create shared value

Fresnillo B Model Operate Small

Strategic focus:
Nurture and strenfthen our strategic relationships (stakeholders)

  1. Contract and unionised labour: Provide a safe, equitable and fair work environment

  2. Communities: Invest directly and through partnerships in a range of initiatives that aim to enhance quality of life and wellbeing, with a focus on environment, education, health and social integration, entrepreneurship and social infrastructure

  3. Suppliers: Negotiate long-term purchase agreements to secure better pricing and ensure timely availability of key equipment, materials and services

  4. Customers: Partner with refiners and smelters who help maximise our revenue stream

  5. Shareholders and note holders: Balance returns with investment in long-term growth

  6. Partners: Enter into and execute mutually beneficial business agreements

AR15 BModel Strategic Relationships