drbubb Posted January 15, 2020 Author Report Share Posted January 15, 2020 Bought some more FRES at 615p Lowers my average cost price Link to comment Share on other sites More sharing options...
jerpy Posted January 16, 2020 Report Share Posted January 16, 2020 On 1/3/2020 at 9:35 AM, hector said: Offloaded another tranche at 656. Will like to run the rest if possible as those were acquired quite cheaply. Nice going there Link to comment Share on other sites More sharing options...
drbubb Posted January 16, 2020 Author Report Share Posted January 16, 2020 21 hours ago, drbubb said: Bought some more FRES at 615p Lowers my average cost price THE GAP to SLV become so large, that Fresnillo shares looked irresistable FRES.L vs- SLV/ Silver ... 2yr : == Link to comment Share on other sites More sharing options...
drbubb Posted June 18, 2020 Author Report Share Posted June 18, 2020 FRES poised? Fresnillo may be poised for a strong move Up FRES ...10yr: 5yr: 3yrW: 2yr: 1yr / Link to comment Share on other sites More sharing options...
drbubb Posted July 17, 2020 Author Report Share Posted July 17, 2020 EXITED FRESNILLO with an Overall profit I was well underwater at one stage, but I added more FRES shares near the Lows, and so was able to exit in recent days at an overall profit FNLPF / Fresnillo USD quote vs SLV & Silver ... update : $13.10 / $17.78 = 73.7%, $13.10 / $18.xx = 66.9% Ratio: $13.10 / $19.57 = r- 66.94% Link to comment Share on other sites More sharing options...
drbubb Posted December 7, 2020 Author Report Share Posted December 7, 2020 FRES Link to comment Share on other sites More sharing options...
drbubb Posted April 1, 2021 Author Report Share Posted April 1, 2021 MAG Silver and Fresnillo generate $11M 'pre-production' gross profit at Juanicipio Kitco News | 02:55PM (Kitco News) - MAG Silver (TSX / NYSE American: MAG) announced today that between August and December 2020, 71,859 tonnes of mineralized material from Juanicipio mine in Mexico with a head grade of 328 grams per tonne were processed through the Fresnillo ... Link to comment Share on other sites More sharing options...
drbubb Posted April 3, 2021 Author Report Share Posted April 3, 2021 THE GAP to SLV become so large, that Fresnillo shares looked irresistable... once again! FRES.L vs- SLV/ Silver ... 2yr : 5yr: from Apr.2019: mid-2015: 10d/ mid-2015: 10d/ FNLPF -vs.SLV ... mid-2015 : 10d/ == Link to comment Share on other sites More sharing options...
drbubb Posted July 29, 2021 Author Report Share Posted July 29, 2021 FRES.L ... chart / Last: 825.8 P +2.4% Fresnillo ups gold and silver production in second quarter Vladimir Basov Wednesday July 28, 2021 11:02 (Kitco News) - Top primary silver producer and Mexico's largest gold producer Fresnillo announced today that its quarterly attributable gold production increased 8.6% over Q2 2020 to 200,163 ounces due to a higher volume of ore processed at Herradura, a higher ore grade at Saucito and increased volume of ore processed at Noche Buena. The company added that its quarterly attributable silver production (including Silverstream) increased 9.6% over Q2 2020 to 14,092 thousand ounces due to a higher ore grade at San Julián DOB, partly offset by a lower ore grade and a volume of ore processed at Saucito. The company's quarterly attributable by-product lead and zinc production increased 1.3% to 16,386 tonnes and 3.6% to 27,687 tonnes over Q2 2020 respectively primarily due to higher ore grades at both Saucito and San Julián DOB, partially offset by lower ore grades at Fresnillo. Fresnillo noted that the company remains on track to meet its 2021 full year guidance of 53.5 to 59.5 million ounces of silver (including Silverstream) and 675 to 725 thousand ounces of gold. Fresnillo is the world's largest primary silver producer and Mexico's largest gold producer. Fresnillo has seven operating mines, all of them in Mexico - Fresnillo, Saucito, Ciénega (including the San Ramón satellite mine Las Casas Rosario & Cluster Cebollitas), Herradura, Soledad-Dipolos, Noche Buena and San Julián, three development projects and six advanced exploration projects. Link to comment Share on other sites More sharing options...
(Kitco News) - Top primary silver producer and Mexico's largest gold producer Fresnillo announced today that its quarterly attributable gold production increased 8.6% over Q2 2020 to 200,163 ounces due to a higher volume of ore processed at Herradura, a higher ore grade at Saucito and increased volume of ore processed at Noche Buena. The company added that its quarterly attributable silver production (including Silverstream) increased 9.6% over Q2 2020 to 14,092 thousand ounces due to a higher ore grade at San Julián DOB, partly offset by a lower ore grade and a volume of ore processed at Saucito. The company's quarterly attributable by-product lead and zinc production increased 1.3% to 16,386 tonnes and 3.6% to 27,687 tonnes over Q2 2020 respectively primarily due to higher ore grades at both Saucito and San Julián DOB, partially offset by lower ore grades at Fresnillo. Fresnillo noted that the company remains on track to meet its 2021 full year guidance of 53.5 to 59.5 million ounces of silver (including Silverstream) and 675 to 725 thousand ounces of gold. Fresnillo is the world's largest primary silver producer and Mexico's largest gold producer. Fresnillo has seven operating mines, all of them in Mexico - Fresnillo, Saucito, Ciénega (including the San Ramón satellite mine Las Casas Rosario & Cluster Cebollitas), Herradura, Soledad-Dipolos, Noche Buena and San Julián, three development projects and six advanced exploration projects.
drbubb Posted July 30, 2021 Author Report Share Posted July 30, 2021 Fresnillo Benefited From Better Than Expected Silver Grades in 2Q -- Commodity Comment Jul. 28, 2021 at 2:33 a.m. ET + Fresnillo 2Q Total Silver 14.9M Ounces, Up 18% QoQ Jul. 28, 2021 at 2:55 a.m. + Fresnillo Reaffirms 2021 Guidance as 2Q Silver Production Rose 18% Jul. 28, 2021 at 2:11 a.m. ET Fresnillo profit up on stronger prices, cost cuts Jul. 28, 2020 at 2:28 a.m. ET by Jaime Llinares Taboada Link to comment Share on other sites More sharing options...
drbubb Posted October 21, 2021 Author Report Share Posted October 21, 2021 Fresnillo CEO says Mexico's mining situation 'unfavorable' ACAPULCO, Mexico Oct 20 (Reuters) - The chief executive of Mexico's top precious metals miner Fresnillo on Wednesday described the current government's policies as "unfavorable" for the key industrial sector. Mexican President Andres Manuel Lopez Obrador's government has been criticized by the mining industry for its policy of no new concessions, as well as what have been described as unprecedented regulatory delays. Earlier this month, Lopez Obrador further stoked industry concerns by proposing a constitutional reform that would restrict future lithium mining, in addition to placing similar limits on other "strategic minerals" needed for the country's energy transition. "We are in an unfavorable environment right now," Fresnillo Chief Executive Octavio Alvidrez said in a mining conference in Acapulco. Dialogue with the government could lead to policy modifications, Alvidrez added, without going into details. The chief executive noted that last year the mining sector was initially left out of the government's designation as an "essential' industry, and as a consequence was forced to shut down for a couple months. But after dialogue with authorities, he added, mining was later deemed essential and mines across the country were allowed to open back up. > https://www.kitco.com/news/2021-10-20/UPDATE-2-Fresnillo-CEO-says-Mexico-apos-s-mining-situation-apos-unfavorable-apos.html cc Link to comment Share on other sites More sharing options...
drbubb Posted April 18, 2022 Author Report Share Posted April 18, 2022 Finally recovered ... from the Big Drop of Jan. 2022 FRES.L / Fresnillo ... 2yr: 1yr: 6mo - Last: 804.00 - 18.80 2yr: 1yr: 6mo - Last: 804.00 - Link to comment Share on other sites More sharing options...
drbubb Posted April 27, 2022 Author Report Share Posted April 27, 2022 Fresnillo ups silver production in Q1 while gold output down 34%, says 2022 guidance unchanged Vladimir Basov Wednesday April 27, 2022 Fresnillo (LSE: FRES), the world's largest primary silver producer, announced today that its Q1 2022 attributable silver production of 13.3 moz increased 5.1% vs. Q1 2021 primarily due to a higher contribution of ore from Juanicipio. The company added that its Q1 2022 attributable gold production of 149.8 koz decreased 34.4% vs. Q1 2021 primarily due to an expected lower volume of ore processed and ore grade at Herradura. Fresnillo also produced 12,244 tonnes of lead (Q1 2021: 15,340 tonnes) and 23,726 tonnes of zinc (Q1 2021: 25,881 tonnes). Quarterly attributable by-product lead and zinc production decreased 20.2% and 8.3% vs. Q1 2021 respectively, driven primarily by lower ore grades and decreased volumes of ore processed at Saucito. The company said that its 2022 guidance remains unchanged. Attributable silver production is expected to be in the range of 50.5 to 56.5 moz while attributable gold production is expected to be in the range of 600 to 650 koz. Silver : 53 M oz. x $ 24 = $ 1,272M Gold. : 625k oz. x $1900 = $ 1,188M Link to comment Share on other sites More sharing options...
drbubb Posted April 27, 2022 Author Report Share Posted April 27, 2022 FRES.L vs- SLV/ Silver ... 2yr : 5yr: GBP 7.94 = $9.84 / SLV: $21.49 5yr: Ratio: 41.9% Link to comment Share on other sites More sharing options...
drbubb Posted June 28, 2022 Author Report Share Posted June 28, 2022 FRESnillo stock has bounced back, despite Silver's weakness FRES ... update: FRES-vs-SIL: Last: 802.60, +15.60, +1.98% FRES-vs-SIL: Last: 802.60 / 20.00 = R- 40.0x FRES-vs-SIL: Last: 802.60 / 20.00 = R- 40.0x Link to comment Share on other sites More sharing options...
drbubb Posted October 5, 2022 Author Report Share Posted October 5, 2022 Where Next? FRES has run up to near the MA resistance at 840P. This was the same point that the 2020 Breakout happened FRES.L ... 3yr: Ytd: 10d / Last: 804.6 - 25.20 FNLPF : 3yr : $9.215, -0.175 O: 8.89, H: 9.29, L: 8.89 / Tue.H: $9.51 Link to comment Share on other sites More sharing options...
drbubb Posted December 3, 2022 Author Report Share Posted December 3, 2022 FRESNILLO... headed back to GBP 1,000+ ?? FRES / Fresnillo... 10yr: 5yr: Ytd: 10d / Last: P 896 Link to comment Share on other sites More sharing options...
drbubb Posted January 17, 2023 Author Report Share Posted January 17, 2023 FRES at Breakout Point? Over 1,000P may be off to the races FRES.L ... from 2018: 5yr: 3yrW: 2yrD: Ytd: 10d/ last: GBP 9.52. x1.222= $11.65 Link to comment Share on other sites More sharing options...
drbubb Posted January 27, 2023 Author Report Share Posted January 27, 2023 Fresnillo increases silver production in 2022 as gold production down 15.3% Vladimir Basov Wednesday January 25, 2023 (Kitco News) - Fresnillo (LSE: FRES), the world's largest primary silver producer, announced today that in 2022, its attributable silver production of 53.7 moz (including Silverstream) was in line with guidance and slightly above FY21 (53.1 moz) with production from Juanicipio and increased volumes of ore processed at Fresnillo, offset by the lower ore grade at San Julián (DOB). The company said that its 2022 attributable gold production of 635.9 koz was in line with guidance and down 15.3% compared to 2021 (751.2 koz), primarily due to a lower recovery rate as higher volumes of sulphide ore are processed and lower ore grade at Herradura, and a decrease in the volume of ore processed and lower ore grades at Noche Buena, Saucito and Ciénega. Full year 2022 attributable by-product lead production decreased 6.4% compared to 2021 due to a decrease in the volume of ore processed and lower ore grade at Saucito and decreased ore grade at San Julián (DOB), mitigated by increased ore throughput and higher ore grade at Fresnillo and increased contribution from Juanicipio. Zinc production was in line with 2021. ...On a silver equivalent basis, the company produced 104.6 moz in 2022, which is a decrease of 7.6% over 2021 (113.2 moz). In 2023, the company’s attributable silver production is expected to be in the range of 57.0 to 64.0 moz (including Silverstream), and attributable gold production is expected to be in the range of 590 to 640 koz. Fresnillo is the world's largest primary silver producer and Mexico's largest gold producer. > https://www.kitco.com/news/2023-01-25/Fresnillo-increases-silver-production-in-2022-as-gold-production-down-15-3.html Link to comment Share on other sites More sharing options...
(Kitco News) - Fresnillo (LSE: FRES), the world's largest primary silver producer, announced today that in 2022, its attributable silver production of 53.7 moz (including Silverstream) was in line with guidance and slightly above FY21 (53.1 moz) with production from Juanicipio and increased volumes of ore processed at Fresnillo, offset by the lower ore grade at San Julián (DOB). The company said that its 2022 attributable gold production of 635.9 koz was in line with guidance and down 15.3% compared to 2021 (751.2 koz), primarily due to a lower recovery rate as higher volumes of sulphide ore are processed and lower ore grade at Herradura, and a decrease in the volume of ore processed and lower ore grades at Noche Buena, Saucito and Ciénega. Full year 2022 attributable by-product lead production decreased 6.4% compared to 2021 due to a decrease in the volume of ore processed and lower ore grade at Saucito and decreased ore grade at San Julián (DOB), mitigated by increased ore throughput and higher ore grade at Fresnillo and increased contribution from Juanicipio. Zinc production was in line with 2021. ...On a silver equivalent basis, the company produced 104.6 moz in 2022, which is a decrease of 7.6% over 2021 (113.2 moz). In 2023, the company’s attributable silver production is expected to be in the range of 57.0 to 64.0 moz (including Silverstream), and attributable gold production is expected to be in the range of 590 to 640 koz. Fresnillo is the world's largest primary silver producer and Mexico's largest gold producer. > https://www.kitco.com/news/2023-01-25/Fresnillo-increases-silver-production-in-2022-as-gold-production-down-15-3.html
drbubb Posted March 20, 2023 Author Report Share Posted March 20, 2023 FRES.L (gbp 7.10) vs. AGQ ($27.24), SLV ($20.63) : update: Ratio: 26.1% IS SILVER TOO CHEAP?? ... For Gold at $2,000 Updated Gold:$1980, GLD:$184 (/10.76), UGL:$64, AGQ:$27, SLV:$21, GDX:$30.6 Is Silver too cheap, relative to Gold at $2,000? Ratio of Gold ($1974) to Silver ($22.46) is: 87.86x SIL ($28.63) vs. AGQ ($27.24) : update: Ratio: 105.1% === Link to comment Share on other sites More sharing options...
drbubb Posted March 20, 2023 Author Report Share Posted March 20, 2023 GBS / Gold breaking out in the UK, as FRES.L / Fresnillo (largest silver producer) lags. FRES.L : from Oct.22 : 726P +36P, +4% , vs. GBS: $185 +$4, +3% = 3.92x === Link to comment Share on other sites More sharing options...
drbubb Posted March 29, 2023 Author Report Share Posted March 29, 2023 Update: FRES.L: 726P /SLV: 21.43: FNLPF: $8.96 (41.8%), AGQ: 29.37 (y%) Link to comment Share on other sites More sharing options...
drbubb Posted April 27, 2023 Author Report Share Posted April 27, 2023 Fresnillo increases silver equivalent production by 7% y-o-y in Q1, reiterates 2023 guidance Vladimir Basov Wednesday April 26, 2023 12:13 (Kitco News) - Fresnillo (LSE: FRES), the world's largest primary silver producer, announced today that in Q1 2023, its attributable silver production of 13.1 moz remained flat (-0.9%) compared to Q1 2022 primarily due to the lower ore grade and decreased volume of ore processed at San Julián (DOB) and Ciénega, offset by the increase in volume of ore processed at Fresnillo and higher ore grade at San Julián Veins. However, the company said that its Q1 2023 attributable silver production was up 5.1% compared to Q4 2022 mainly due to a higher ore grade at San Julián (DOB) and the increased contribution of ore from Juanicipio, partly offset by the lower volume of ore processed at Saucito. Fresnillo’s quarterly attributable gold production of 173.0 koz was up 15.5% over Q1 2022 primarily due to the higher volume of ore processed and ore grade at Herradura and the higher ore grade at Saucito, partly offset by the decrease in gold production at Noche Buena. Compared to Q4 2022, the company’s attributable gold production was up 3.0% mainly due to the higher ore grade at Saucito and higher ore grade and recovery rate at Herradura, partly offset by the lower recovery rate and decrease in ore grade at Noche Buena. On a silver equivalent basis, the company produced 27.0 moz in Q1 2023, which is an increase of 7% compared to 25.3 moz produced in Q1 2022 and an increase of 4% compared to 25.9 moz produced in Q4 2022. Importantly, the company said that its 2023 guidance remains unchanged. Fresnillo expects its attributable silver production to be in the range of 57.0 to 64.0 moz while attributable gold production is expected to be in the range of 590 to 640 koz. Expressed in silver equivalent ounces, production is expected to be 104 -115 million ounces. CEO Octavio Alvídrez commented, "I am pleased to report a solid start to the year. Silver and gold production are both up on the previous quarter driven by the increasing contribution from our new Juanicipio mine and the strong performance at our Herradura gold mine in particular. We have a very clear set of priorities that we are focused on in the second quarter. This includes the continued safe ramp up of the Juanicipio plant now that we have successfully completed the commissioning phase, while also progressing the tie-in to the national power grid of our new Pyrites Plant. “Both of these projects will support our production objectives into the future. We have successfully managed through considerable recent challenges, reaching a sound level of operational consistency, putting us well on track to meet our full year production guidance." Fresnillo is the world's largest primary silver producer and Mexico's largest gold producer. Fresnillo has eight operating mines, all of them in Mexico - Fresnillo, Saucito, Juanicipio, Ciénega, Herradura, Soledad-Dipolos, Noche Buena and San Julián (Veins and Disseminated Ore Body), one development project - the Pyrites Plant at Fresnillo, which has been completed and is awaiting tie-in of the plant to the national electricity grid, and four advanced exploration projects - Orisyvo, Rodeo, Guanajuato and Tajitos as well as a number of other long term exploration prospects. Fresnillo has mining concessions and exploration projects in Mexico, Peru and Chile. Link to comment Share on other sites More sharing options...
(Kitco News) - Fresnillo (LSE: FRES), the world's largest primary silver producer, announced today that in Q1 2023, its attributable silver production of 13.1 moz remained flat (-0.9%) compared to Q1 2022 primarily due to the lower ore grade and decreased volume of ore processed at San Julián (DOB) and Ciénega, offset by the increase in volume of ore processed at Fresnillo and higher ore grade at San Julián Veins. However, the company said that its Q1 2023 attributable silver production was up 5.1% compared to Q4 2022 mainly due to a higher ore grade at San Julián (DOB) and the increased contribution of ore from Juanicipio, partly offset by the lower volume of ore processed at Saucito. Fresnillo’s quarterly attributable gold production of 173.0 koz was up 15.5% over Q1 2022 primarily due to the higher volume of ore processed and ore grade at Herradura and the higher ore grade at Saucito, partly offset by the decrease in gold production at Noche Buena. Compared to Q4 2022, the company’s attributable gold production was up 3.0% mainly due to the higher ore grade at Saucito and higher ore grade and recovery rate at Herradura, partly offset by the lower recovery rate and decrease in ore grade at Noche Buena. On a silver equivalent basis, the company produced 27.0 moz in Q1 2023, which is an increase of 7% compared to 25.3 moz produced in Q1 2022 and an increase of 4% compared to 25.9 moz produced in Q4 2022. Importantly, the company said that its 2023 guidance remains unchanged. Fresnillo expects its attributable silver production to be in the range of 57.0 to 64.0 moz while attributable gold production is expected to be in the range of 590 to 640 koz. Expressed in silver equivalent ounces, production is expected to be 104 -115 million ounces. CEO Octavio Alvídrez commented, "I am pleased to report a solid start to the year. Silver and gold production are both up on the previous quarter driven by the increasing contribution from our new Juanicipio mine and the strong performance at our Herradura gold mine in particular. We have a very clear set of priorities that we are focused on in the second quarter. This includes the continued safe ramp up of the Juanicipio plant now that we have successfully completed the commissioning phase, while also progressing the tie-in to the national power grid of our new Pyrites Plant. “Both of these projects will support our production objectives into the future. We have successfully managed through considerable recent challenges, reaching a sound level of operational consistency, putting us well on track to meet our full year production guidance." Fresnillo is the world's largest primary silver producer and Mexico's largest gold producer. Fresnillo has eight operating mines, all of them in Mexico - Fresnillo, Saucito, Juanicipio, Ciénega, Herradura, Soledad-Dipolos, Noche Buena and San Julián (Veins and Disseminated Ore Body), one development project - the Pyrites Plant at Fresnillo, which has been completed and is awaiting tie-in of the plant to the national electricity grid, and four advanced exploration projects - Orisyvo, Rodeo, Guanajuato and Tajitos as well as a number of other long term exploration prospects. Fresnillo has mining concessions and exploration projects in Mexico, Peru and Chile.
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