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London-listed silver and gold miner Fresnillo posted earnings before interest, taxes, depreciation, and amortization (EBITDA) of US$459.1 million for the first half of this year, down 38.5% from $747 million year-on-year as silver prices fell and costs rose.
Fresnillo sees profits fall on silver dip
EBITDA was 15% below market consensus.
Adjusted earnings per share (EPS) for the first six months of the year was 19.4 cents per share, down 53.1% from 41.
Labour costs still affected by pandemic
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