Last checked at 8 Dec 2010 07:00
Fresnillo Plc
28 Grosvenor Street
London W1K 4QR
United Kingdom
www.fresnilloplc.com
8 December 2010
Appointment of Joint Corporate Broker
Fresnillo plc is pleased to announce that Merrill Lynch International has been appointed joint corporate broker to Fresnillo alongside J.P. Morgan Cazenove with immediate effect.
For further information, please visit our website www.fresnilloplc.com or contact:
Fresnillo plc London Office Arturo Espínola, Head of Investor Relations | Tel: +44 (0)20 7399 2470 |
Mexico City Office Gabriela Mayor | Tel: +52 55 52 79 3203 |
Brunswick Group Carole Cable David Litterick | Tel: +44 (0)20 7404 5959 |
J.P. Morgan Cazenove Ben Davies | Tel: +44 (0)20 7155 8644 |
Merrill Lynch International Andrew Osborne | Tel: +44 (0)20 7996 2629 |
About Fresnillo plc
Fresnillo plc is the world's largest primary silver producer and Mexico's second largest gold producer, listed on the London Stock Exchange under the symbol FRES.
Fresnillo has four producing mines, all of them in Mexico - Fresnillo, Ciénega, Herradura and Soledad-Dipolos; one development project - Saucito; and five advanced exploration prospects - Noche Buena, San Juan, San Julián, Orysivo and Juanicipio as well as a number of other long term exploration prospects and, in total, has mining concessions covering approximately 1.86 million hectares in Mexico.
Fresnillo has a strong and long tradition of mining, a proven track record of mine development, reserve replacement, and production costs in the lowest quartile of the cost curve for both silver and gold.
Fresnillo's goal is to maintain the Group's position as the world's largest primary silver company, producing 65 million ounces of silver and over 400,000 ounces of gold by 2018.