If you would like to learn more about future focusIR related events and roundtables, please submit your details here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksFresnillo Regulatory News (FRES)

Share Price Information for Fresnillo (FRES)

Share Price is delayed by 15 minutes
Get Live Data
2,922.00    43.00 (1.49%)
Bid:
2,910.00
Ask:
2,913.00
Spread: 3.00 (0.103%)
Market Cap: £21.53b
FRES Live PriceLast checked at - London Stock Exchange

Intraday Fresnillo Share Chart

Temporary explosives suspension lifted

9 Oct 2013 07:00

RNS Number : 0480Q
Fresnillo PLC
09 October 2013
 



Fresnillo plc

28 Grosvenor Street

London W1K 4QR

United Kingdom

www.fresnilloplc.com

 

9 October 2013

 

Temporary explosives suspension lifted

 

Fresnillo plc is pleased to announce that the temporary suspension of Minera Penmont's explosives permit at Noche Buena has been lifted.

 

Fresnillo previously reported that the Magistrate in Sonora had issued requests to the Mexican Ministry of Defense ("MOD") which resulted in a suspension of all of Minera Penmont's explosive permits pending an expert's report on the boundaries of land relating to the original court decision dealing with the El Bajío agrarian community, within which the Dipolos pit is located.

 

Following the review of this report, the Magistrate has issued official communications to the MOD indicating that the Court sees no reason to maintain the explosives suspension outside the boundaries of the Ejido El Bajío agrarian land. As a result, the MOD has officially lifted the suspension of explosives at Noche Buena with immediate effect.

 

The MOD has sought from the court further clarity with regard to the explosives permit covering Herradura and Soledad, as these are located outside of the affected area but closer to the Dipolos pit. Minera Penmont is confident that this will be provided by the Magistrate within the next two weeks and that the temporary suspension of explosive permits at these mines should also be lifted.

 

In the meantime, operations have restarted at Noche Buena.

 

Fresnillo plc is currently evaluating the impact on the 2013 gold production guidance and will be in a position to update the market following the lifting of the suspension of the explosives permit at Herradura and Soledad.

 

For further information, please visit our website www.fresnilloplc.com or contact:

 

Fresnillo plc

London Office

Gabriela Mayor, Head of Investor Relations

Tel: +44 (0)20 7399 2470

Mexico City Office

Ana Belem Zárate

Tel: +52 55 52 79 3206

Brunswick Group

Carole Cable

David Litterick

 

Tel: +44 (0)20 7404 5959

About Fresnillo plc

 

Fresnillo plc is the world's largest primary silver producer and Mexico's second largest gold producer, listed on the London and Mexican Stock Exchanges under the symbol FRES.

Fresnillo has six operating mines, all of them in Mexico - Fresnillo, Saucito, Ciénega (including the San Ramón satellite mine), Herradura, Soledad-Dipolos and Noche Buena; three development projects - a dynamic leaching plant to treat high grade gold ore from the Herradura and Soledad-Dipolos mine; San Julián and Saucito II and four advanced exploration prospects - Centauro Deep, Juanicipio, Orysivo and Las Casas Rosario as well as a number of other long term exploration prospects. In total, has mining concessions covering approximately 2.1 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 500,000 ounces of gold by 2018.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCUWUKROKARRAA
Date   Source Headline
23rd Nov 20204:12 pmRNSDeath of a Director
19th Nov 20203:32 pmRNSFresnillo appoints Tomás Iturriaga as COO
21st Oct 20207:00 amRNS3Q20 Production Report
5th Oct 20207:00 amRNSFinal results of Tender Offer
2nd Oct 20204:17 pmRNSU.S.$850 million Senior Notes Offering
30th Sep 20201:02 pmRNSExpiration date results of Tender Offer
29th Sep 20201:45 pmRNSExtension of expiration time of its Tender Offer
22nd Sep 20202:34 pmRNSTender offer for outstanding notes due 2023
21st Sep 202010:45 amRNSPrice Risk Management
11th Aug 20204:00 pmRNSConversion rate for 2020 Interim Dividend
28th Jul 20207:00 amRNSHalf-year Report
27th Jul 202010:30 amRNSTr-1: Notification of major interest in shares
22nd Jul 20207:00 amRNS2Q20 Production Report
12th Jun 20203:00 pmRNSReport on Payments to Governments
29th May 20204:30 pmRNSResult of AGM
29th May 20207:00 amRNSAnnual General Meeting Statement
29th Apr 20207:00 amRNS1Q20 Production Report
28th Apr 20202:09 pmRNSConversion Rate for 2019 Final Dividend
28th Apr 20201:32 pmRNSAnnual Report, AGM Notice, Articles of Association
24th Apr 20202:34 pmRNSListing Rule 9.6.14R(2) Disclosure
4th Mar 20204:30 pmRNSListing Rule 9.6.13R Disclosure
3rd Mar 20207:00 amRNSFY19 Preliminary Results
27th Feb 20206:20 pmRNSBoard Changes
24th Feb 20207:00 amRNSStatement re Juanicipio project update
29th Jan 20207:00 amRNS4Q19 Production Report
2nd Dec 20197:00 amRNSFresnillo plc Capital Markets Day
23rd Oct 20197:00 amRNS3Q19 Production Report
17th Oct 20191:23 pmRNSTr-1: Notification of major interest in shares
14th Oct 20195:34 pmRNSTr-1: Notification of major interest in shares
13th Aug 201912:51 pmRNSConversion rate for 2019 Interim Dividend
31st Jul 20194:19 pmRNSDirector/PDMR Shareholding
30th Jul 201911:25 amRNSInterim Dividend Restatement
30th Jul 20197:00 amRNSHalf-year Report
17th Jul 20197:00 amRNS2Q19 Production Report
1st Jul 20197:00 amRNSStatement re tax treatment of mining works
3rd Jun 20193:00 pmRNSReport on Payments to Governments
21st May 20194:12 pmRNSResult of AGM
21st May 20197:00 amRNSAnnual General Meeting Statement
7th May 201911:17 amRNSFresnillo plc - Listing Rule 9.6.14R(2) Disclosure
30th Apr 201912:28 pmRNSConversion Rate for 2018 Final Dividend
24th Apr 20195:24 pmRNSTr-1: Notification of major interest in shares
17th Apr 201910:43 amRNSListing Rule 9.6.13R Disclosure
16th Apr 20194:25 pmRNSAnnual Financial Report and AGM Notice
11th Apr 20195:33 pmRNSBoard Changes
11th Apr 20197:05 amRNS1Q19 Production Report
11th Apr 20197:00 amRNSJuanicipio Development Receives Joint Approval
25th Mar 201910:35 amRNSListing Rule 9.6.14R(2) Disclosure
26th Feb 20197:00 amRNSFY18 Preliminary Results
23rd Jan 20197:00 amRNS4Q18 Production Report
9th Jan 20197:00 amRNSExecutive Management Change

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.