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Fresnillo cuts dividend in face of inflation

Mexico-focused gold and silver miner Fresnillo slashed its annual dividend by half, after 2022 results were hit by metal price volatility, and cost inflation.

Fresnillo cuts dividend in face of inflation Fresnillo cuts dividend in face of inflation Fresnillo cuts dividend in face of inflation Fresnillo cuts dividend in face of inflation Fresnillo cuts dividend in face of inflation

Silver production at Fresnillo's Mexican operations increased by 1.2% year-on-year, to 53.7Moz, while gold production fell by 15% over the same period to 636,000 oz, in line with company guidance.

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