Current Message	Return to posts
From: Free Thinking Doggie
FRES... Fresnillo reported a solid operational performance for 2025, with full-year attributable gold output of 600.3 koz surpassing guidance despite falling 5% year on year, while total attributable silver production, including the now-ended Silverstream, declined 13.5% to 48.7 moz but remained in line with guidance. Fourth-quarter figures showed mixed trends, with higher silver, lead and zinc volumes versus the previous quarter but sharp year-on-year falls in gold and silver, reflecting lower grades, reduced ore throughput at key mines such as Herradura, Saucito, Ciénega and San Julián, the cessation of mining at San Julián DOB and the discontinuation of zinc concentrates at Ciénega. The company issued 2026 guidance that trims expected silver and gold production compared with prior indications, citing mine-plan changes at Fresnillo, lower throughput and grades at Ciénega and delayed infrastructure at Saucito, while signalling a recovery in volumes from 2027 as new high-grade areas and projects come on stream, suggesting a near-term production dip but a constructive medium-term outlook for stakeholders.

Current Thread	Author	Time
Deutsche Bank predicts $ 6,900 gold by year end.	Free Thinking Doggie	07:06:51
>> FRES......[more]	Free Thinking Doggie	08:35:03
>> Shanghai silver $ 131.	Free Thinking Doggie	08:33:18

You must log in or register before you can post messages (you'll be returned to this page once logged in).