Fresnillo increases silver production in 2022 as gold production down 15.3%

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Fresnillo increases silver production in 2022 as gold production down 15.3% Fresnillo silver gold

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The company said that its 2022 attributable gold production of 635.9 koz was in line with guidance and down 15.3% compared to 2021 , primarily due to a lower recovery rate as higher volumes of sulphide ore are processed and lower ore grade at Herradura, and a decrease in the volume of ore processed and lower ore grades at Noche Buena, Saucito and Ciénega.

On a silver equivalent basis, the company produced 104.6 moz in 2022, which is a decrease of 7.6% over 2021 .

 

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