Fresnillo says its H1 2022 silver equivalent production down 15% over H1 2021, keeps annual guidance unchanged kitconews gold silver economics mining metals investing finance
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The company said that its H1 2022 attributable silver production of 27.6 moz was in line with H1 2021 as the expected lower ore grade at San Julián DOB and lower volume of ore processed at Saucito was offset by the increased contribution of ore from Juanicipio. Similarly, Fresnillo’s H1 2022 attributable by-product lead and zinc production decreased 15.6% and 5.7% over H1 2021 respectively, primarily due to lower volumes of ore processed and ore grades at Saucito and a decrease in ore grades at San Julián DOB.
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