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SILVER: Fresnillo surfs silver wave to top FTSE 100 risers

  • Date: 22-07-20
  • Category: SILVER
  • Source: Financial Times

Precious metals producer Fresnillo’s share price climbed more than 9 per cent on Wednesday, cementing its position as the year’s best-performing UK blue-chip stock after reporting stronger than anticipated silver production. The company, whose seven mines are all in Mexico, said it produced 13.6m ounces of silver in the three months to the end of June, up 2.8 per cent from the previous quarter and ahead of market estimates. Analysts had expected output of 12.2m ounces.

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