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Fresnillo eyes boost to silver output in 2016

Tuesday, May 10th

"Mexican precious metals producer Fresnillo PLC (FRES.LN) said Tuesday that it expects double digit percentage growth in silver production this year after securing board approval for two expansion projects.

Fresnillo, the world's largest primary silver producer and Mexico's second-largest gold producer, didn't say how much silver it planned to produce this year but the miner previously forecast it would produce up to 51,000 ounces of attributable silver this year, including 4 million ounces from the Silverstream supply contract, up 9% from 46,977 silver ounces produced last year." -- More...

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