Fresnillo Fourth Quarter - Willu Invest

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    Fresnillo Fourth Quarter

    Q4 numbers stated:

    Reported record annual silver production of 58.7 million ounces, up 17% on 2016, in line with guidance
    Annual gold production of 911,000 ounces exceeded guidance due to operations at San Julian (phase I)
    Gold production was down 2.6% on 2016 due to the expected lower reduction of gold inventories and the anticipated lower ore grade deposited at the leaching pads at Herradura
    Sets 2018 Exploration Budget at $200 Mln

    As of 8.53am the stock was trading up c.2.08% at c.1363p


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