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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 revises gold, silver guidance Fresnillo revises gold, silver guidance Fresnillo revises gold, silver guidance Fresnillo revises gold, silver guidance Fresnillo revises gold, silver guidance

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.