Mexican precious metal miner Fresnillo PLC (FRES.LN) said Wednesday it is on track for full-year production guidance after silver production rose in the first quarter and gold output fell.
Silver production for the quarter ended March 31 rose by 10.7% from the same period last year to 13.5 million ounces, while gold production was down by 3.3% at 222,300 ounces.
The company said it is on track to achieve 2017 production guidance of 58 million to 61 million ounces of silver and 870,000 to 900,000 ounces of gold.
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(END) Dow Jones Newswires
April 26, 2017 02:29 ET (06:29 GMT)