Fresnillo PLC is the world’s largest producer of silver from ore and one of the largest gold producers in Mexico

Fresnillo PLC is the world’s largest producer of silver from ore and one of the largest gold producers in Mexico. In 2023, the company produced around 53 million ounces of silver and 635,900 ounces of gold. With a strong focus on efficiency, Fresnillo has been able to maintain its position as a low−cost producer, ensuring profitability even during periods of fluctuating metal prices.The company’s production strategy is focused on maintaining and growing its silver and gold outputs through continuous exploration and operational excellence. Fresnillo consistently invests in expanding its resource base through greenfield and brownfield exploration, aiming to extend the life of its existing mines while developing new opportunities. Fresnillo PLC places a strong emphasis on exploration as a core component of its growth strategy. The company has extensive land holdings in highly prospective mining districts in Mexico, where it continues to discover and develop new deposits. Fresnillo has committed significant resources to both greenfield exploration, targeting new mining areas, and brownfield exploration to extend the life of existing operations.