Fresnillo plc Financial results for the year ended 31 December 2016 Fresnillo plc today announced its financial results for the full year ended 31 December 2016. Octavio Alvídrez, CEO said: 'I am pleased to report a strong overall performance in 2016. We delivered record silver production of 50.3 million ounces, in line with our guidance, reflecting the initial contribution of San Julián phase I and higher grades at Fresnillo and Ciénega. Gold production of 935.5 thousand ounces exceeded our revised guidance, mainly as a result of the reduction in inventories at Herradura. Our record production, combined with higher metal prices and the devaluation of the Mexican peso during the year allowed...
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