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Fresnillo cranks-up as silver rises

Fresnillo cranks-up as silver rises

Fresnillo (FRES) perfected the art of underpromising and overdelivering in the first half. It produced 13.6m ounces (oz) of silver in the June quarter, 11 per cent above consensus expectations. This was also ahead of the same period of 2019, although production did fall 3 per cent year-on-year for the half. Its financials for the first half, coming out 28 June, should confirm the positive start to 2020. 

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