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Fresnillo (LON:FRES) said it is continuing to focus on operating its existing mines efficiently while advancing a portfolio of brownfield and greenfield development projects in Mexico and Canada. During a company presentation, Octavio said the miner operates eight mines across a mix of underground
Mining stocks fall sharply, tracking a downturn in metals prices. Higher oil prices and strong industrial activity data in the U.S. reinforced expectations central bank policy rates will be higher for longer, ANZ analysts say, in turn weighing on non-yielding metals.
Pan American Silver advances La Colorada Skarn, targeting a 37-year mine life, strong cash flow and major silver output.
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