Fresnillo plc Annual Financial Report Announcement - 18 April 2012
Annual Financial Report
In compliance with Listing Rule 9.6.1, Fresnillo plc has submitted a copy of each of the following documents to the National Storage Mechanism, which will shortly be available for inspection at www.Hemscott.com/nsm.do:
* Annual Report & Accounts, 2011.
* Notice of the 2012 Annual General Meeting.
* Form of Proxy for the 2012 Annual General Meeting.
As required by DTR 6.3.5 (3), the Company confirms that copies of the Annual Report and Circular including the Notice of Annual General Meeting are available on the Fresnillo plc website www.fresnilloplc.com.
For further information, please visit our website, www.fresnilloplc.com or contact:
London Office, Tel: +44 (0)20 7399 2470
Arturo Espinola, Head of Investor Relations
Mexico City Office, Tel: +52 55 52 79 3203
Brunswick, Tel: +44 (0)20 7404 5959
About Fresnillo plc
Fresnillo is the world's largest primary silver producer and Mexico's second largest gold producer, listed on the London and Mexican Stock Exchanges under the symbol FRES.
Fresnillo has seven operating mines, all of them in Mexico - Fresnillo, Saucito, Cienega, San Ramón (a satellite of the Ciénega gold mine), Herradura, Soledad-Dipolos and Noche Buena (new gold mine at Herradura District); two development projects - Saucito II, and Dynamic leaching to treat high grade gold ore from Herradura and Soledad-Dipolos mine; and five advanced exploration prospects - San Julián, Centauro Deep, Juanicipio, Orysivo and Las Casas as well as a number of other long term exploration prospects. In total, has mining concessions covering approximately 2.1 million hectares in Mexico.
Fresnillo has a strong and long tradition of mining, a proven track record of mine development, reserve replacement, and production costs in the lowest quartile of the cost curve for both silver and gold.
Fresnillo's goal is to maintain the Group's position as the world's largest primary silver company, producing 65 million ounces of silver and 500,000 ounces of gold by 2018.