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Fresnillo misses in September quarter as worker shortage slows output

Mexico-focused silver miner Fresnillo has reported an unexpected drop in silver production in the September quarter, as Mexican labour market reforms hit worker availability, and ore grade fell at several of its mines.

Fresnillo misses in September quarter as worker shortage slows output Fresnillo misses in September quarter as worker shortage slows output Fresnillo misses in September quarter as worker shortage slows output Fresnillo misses in September quarter as worker shortage slows output Fresnillo misses in September quarter as worker shortage slows output

Fresnillo's namesake mine in Mexico

Third quarter silver production totalled 12.7Moz, down 15% quarter-on-quarter, and a 14% miss versus consensus expectations.