PRECIOUS METALS

Inflation bites for Fresnillo in H1 2023 results

EBITDA of $351 million down 23% from 2022

 Fresnillo's Juanicipio project in Mexico.

Fresnillo's Juanicipio project in Mexico.

The $114.5 million increase from 2022 was attributed, in part, to inflation: the adverse effect of the 10.2% average revaluation of Mexican peso vs. the US dollar ($45.0 million) and  underlying cost inflation...

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