Description

Fresnillo plc is a Mexican mining firm primarily engaged in the exploration, development, and production of non-ferrous minerals within Mexico. The company specifically targets and processes silver, gold, lead, and zinc into concentrates. Its extensive operations are organized into seven segments: Fresnillo, Saucito, Ciénega, Herradura, Noche Buena, San Julián, and an 'Other' category. Key among its project sites are the Fresnillo silver mine and Saucito silver mine, both situated in Zacatecas. Gold production comes from the Ciénega mine in Durango, and the Herradura and Noche Buena mines, both located in Sonora. The San Julián silver-gold mine operates across the border region of Chihuahua and Durango states. Fresnillo plc possesses significant mining concessions across Mexico, encompassing roughly 1.7 million hectares of surface land. Beyond its core mineral extraction, the company also provides mining equipment leasing, produces gold and silver doré bars, and offers administrative support services. Founded in 1887 and headquartered in Mexico City, Mexico, Fresnillo plc is a subsidiary of Industrias Peñoles S.A.B. de C.V.