PRECIOUS METALS

Fresnillo revises gold, silver guidance

Mexico-focused precious metals miner Fresnillo (LSE:FRES) has revised up its full-year gold production guidance for the second time, while dropping its silver target, due to ongoing challenges at the Saucito and Fresnillo mines.

Fresnillo is still a "top pick" for RBC

Fresnillo is still a "top pick" for RBC

The gold guidance was hiked to 920,000-940,000 ounces, from the previous revision of 900,000-930,000oz, while the silver target was dropped to 62-64.5 million ounces, down from 64.5-67.5Moz, including...

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