NEWS14 Apr 2010 08:21
London-listed Fresnillo, the world's biggest primary silver producer, reported 9.49 million troy ounces of attributable silver production for the three months to March 31, compared to 9.22 million ounces during the same period a year earlier.
Gold output increased 31.5% to a record 85,097 ounces compared to the same period a year ago, the company said. Fresnillo's new Soledad-Dipolos mine produced 11,226 attributable gold ounces since it began operations in January, the company added.
"We are pleased with the results....Gold production has exceeded our expectations, due to the better than expected initial operating results at Soledad-Dipolos, while silver production has also increased," said Jaime Lomelin, Fresnillo's Chief Executive.