10 Sep 2008 09:51
Fresnillo Plc
28 Grosvenor Street
London
W1K 4QR
United Kingdom
www.fresnilloplc.com
10 September 2008
Corporate Broker Appointment
Fresnillo plc, the world's largest primary silver producer, is pleased to announce the appointment of JPMorgan Cazenove Limited as Corporate Broker, with immediate effect.
For further information, please visit our website: www.fresnilloplc.com or contact:
Fresnillo plc Tel: +44(0)20 7399 2470
Octavio Alvidrez, Head of Investor Relations
JPMorgan Cazenove Limited Tel: +44(0)20 7588 2828
Adam Brett
Andrew Wray
Brunswick Tel: +44(0)20 7404 5959
Patrick Handley
Carole Cable
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 three producing mines, all of them in Mexico - Fresnillo, Ciénega and Herradura; two advanced development projects - Fresnillo II, Soledad & Dipolos; and three exploration prospects - San Juan, San Julian, Orysivo, as well as a number of other long term exploration prospects and, in total, has mining concessions covering approximately 1.3 million hectares in Mexico.
Fresnillo has a strong and long tradition of mining, a proven track record of mining development and reserves replacement, and a low cost of production, being in the lowest quartile of the cost curve for both silver and gold.
Fresnillo intends to maintain its position as the world's largest primary silver producer with the aim of approximately doubling production, on a silver equivalent ounce basis, within the next ten years and increasing its gold production.
Fresnillo (FRES)