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Fresnillo

Fresnillo is a Mexican precious metals mining company and the world's largest primary silver producer. The company is headquartered in Mexico City and operates a portfolio of mines primarily in Mexico, with its principal operations concentrated in the states of Zacatecas, Sonora, Chihuahua and Durango. Fresnillo is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index, with Industrias Peñoles holding a controlling stake in the company. The company's core business focuses on the exploration, development and mining of silver and gold deposits, with silver accounting for the majority of its revenue. Key operating assets include the Fresnillo mine, one of the world's richest silver mines, the Saucito mine, the Ciénega mine, the Herradura gold mine and the Noche Buena gold mine. Fresnillo also maintains an active exploration programme across Mexico to replenish and expand its mineral reserves. The company employs several thousand people and is one of Mexico's most significant mining operators. Fresnillo was established as a separate entity in 2008 when it was spun off from Peñoles and listed on the London Stock Exchange, though its mining heritage in the Fresnillo district dates back centuries to the colonial era.

Fresnillo News


Cerro Caliche project area, in Mexico
Sonoro makes two key VP appointments for Mexican exploration excellence
3rd September 2026 By: Marleny Arnoldi

TSX-V-listed Sonoro Gold Corporation has promoted Oscar Armando González Peña to exploration VP and Melvin Herdrick to senior VP for Mexico. Gonzáles has worked as exploration manager and chief... 


Fresnillo’s interim revenue up 74.7% y/y on higher gold, silver prices
Fresnillo’s interim revenue up 74.7% y/y on higher gold, silver prices
4th August 2026 By: Sabrina Jardim

Mexico-focused precious metals miner Fresnillo has reported a 74.7% year-on-year increase in revenue to $3.38-billion for the six months ended June 30, mainly owing to higher silver and gold prices... 


An underground mine in Mexico
Mexico mining industry sees investment jump in 2026 as firms expand projects, buy equipment
3rd August 2026 By: Reuters

Mexico's mining industry expects investment to rebound sharply in 2026, driven by spending on mine expansions, maintenance and equipment purchases, industry group Camimex said on Monday. The... 


Beacon Gold Mill
LaFleur adds strategic VPs to executive arsenal
6th May 2026 By: Marleny Arnoldi

Canadian minerals developer LaFleur Minerals has appointed Marc Ducharme VP of exploration and Mike Petrina VP of mining operations, which mark strategic additions as the company advances the... 


Gold cubes
Gold, silver prices lower as concerns over Middle East conflict ease
10th March 2026 By: Marleny Arnoldi

Precious metals refiner Heraeus says the initial safe haven boost to gold has faded, with the gold price still suffering from the fallout of the rapid rally to its record high. Safe-haven... 


Fresnillo's Soledad-Dipolos mine
Miner Fresnillo posts annual profit surge, sets record dividend
3rd March 2026 By: Reuters

Mexican precious metals miner Fresnillo reported a nearly 81% jump in annual profit on Tuesday, driven by higher precious metals prices, and proposed a record dividend. The company's final dividend... 


Fresnillo enters Canada with Probe Gold acquisition
22nd January 2026 By: Mariaan Webb

London- and Mexico-listed Fresnillo has completed its acquisition of Canadian explorer Probe Gold, securing entry into the prolific Val d’Or gold district in Quebec and expanding its long-term... 


Image of Herradura mine
Herradura mine, Mexico
28th November 2025 By: Sheila Barradas

A gold mine in Herradura district, Sonora, Mexico. 


Probe owns the Beaufor mine site (pictured), which within the boundaries of its flagship Novador property.
Fresnillo enters Canada with $780m offer for Probe Gold
31st October 2025 By: Mariaan Webb

Mexico’s Fresnillo announced on Friday it would buy Probe Gold for C$780-million in cash, giving the world’s biggest primary silver producer control of the Canadian explorer’s Novador gold project... 


Pan American Silver closes MAG Silver acquisition
5th September 2025 By: Creamer Media Reporter

NYSE-listed Pan American Silver said on Thursday it had completed its acquisition of MAG Silver, adding a 44% stake in the Juanicipio silver mine in Mexico to its portfolio along with two... 


Luca expands land package with concession purchase near Mexican mine
29th August 2025 By: Creamer Media Reporter

Canadian miner Luca Mining has struck a deal with Fresnillo to acquire a mining concession that directly surrounds its Tahuehueto mine in Durango, Mexico. The Vancouver-headquartered company said... 


Pan American wins Mexican antitrust nod for MAG Silver deal
Pan American wins Mexican antitrust nod for MAG Silver deal
25th August 2025 By: Mariaan Webb

Pan American Silver said on Monday that Mexico’s competition regulator had cleared its $2.1-billion acquisition of MAG Silver, paving the way for the deal to close next month. “All required... 


Fresnillo sells majority of MAG Silver stake as Pan American merger proceeds
Fresnillo sells majority of MAG Silver stake as Pan American merger proceeds
16th May 2025 By: Mariaan Webb

London-listed Fresnillo has offloaded the majority of its stake in MAG Silver following Pan American Silver’s agreement to acquire the Canadian miner, saying the resulting dilution of its... 


Pan American Silver expands with $2.1bn MAG Silver buy
Pan American Silver expands with $2.1bn MAG Silver buy
12th May 2025 By: Mariaan Webb

NYSE-listed Pan American Silver has agreed to acquire MAG Silver in a cash-and-stock deal valued at about $2.1-billion, the companies said on Sunday. The acquisition would give Pan American a 44%... 


Fresnillo shares dive 10% as first-quarter silver output drops 9%
Fresnillo shares dive 10% as first-quarter silver output drops 9%
23rd April 2025 By: Reuters

Shares in Mexico-focused miner Fresnillo slumped as much as 10% in early trade on Wednesday after the company reported about a 9% decline in first-quarter silver production, hurt partly by work... 


Fresnillo says operational issues at Sabinas mine affecting silver production
12th November 2024 By: Reuters

Precious metals miner Fresnillo said on Tuesday that the Sabinas mine, owned by Mexico's top silver miner Industrias Penoles, was experiencing operational difficulties, affecting silver... 


Fresnillo confidently approaches final quarter amid steady production
Fresnillo confidently approaches final quarter amid steady production
23rd October 2024 By: Mariaan Webb

Fresnillo, the world’s biggest primary silver producer, is entering the final quarter with confidence, maintaining its full-year production guidance set earlier this year. The London-listed miner,... 


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pqt: 0.022s - ct: 0.063s - 105pq - 2rq
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