Last checked at 5 Dec 2008 11:50
Fresnillo Plc
28 Grosvenor Street
London W1K 4QR
United Kingdom
www.fresnilloplc.com
5 December 2008
Illegal strike action at Fresnillo and Ciénega mines
Fresnillo plc, the world's largest primary silver producer, announces that the Mexican authorities have arrested two union leaders from Mexico's Mining and Metal Workers Union. In response, the mining union has called for an illegal stoppage of work at all mines in Mexico staffed by union workers. Last night, union workers at the Fresnillo and Ciénega mines illegally stopped work and as of today neither mine is operating.
Jaime Lomelín, Chief Executive Officer, said:
"We trust that the Mexican authorities will act swiftly to reverse this illegal action and ensure that its dispute with the union is successfully resolved without further disruption to the lawful conduct of our mining operations."
Fresnillo plc will keep the market informed of developments as they occur.
For further information please visit www.fresnilloplc.com or contact:
Fresnillo plc
London Office
Octavio Alvidrez, Head of Investor Relations Tel: +44(0)20 7399 2470
Mexico City Office
Gabriela Mayor Tel: +52555 279 3203
Brunswick Tel: +44(0)20 7404 5959
Patrick Handley
Carole Cable