PROFIT & LOSS

Fresnillo's price boost hit by costs

Precious metals miner Fresnillo (LN:FRES) raked in the cash in 2017 thanks to strong prices but earnings were hit by higher-than-expected costs.

Saucito tailings will be treated at the new Pyrites plant, which will be finished this year

Saucito tailings will be treated at the new Pyrites plant, which will be finished this year

The Mexico-focused silver and gold producer upped its profit year-on-year by 32% to US$560 million. EBITDA was flat year-on-year at $1 billion. This was on the back of Fresnillo producing 58.7 million...

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