World’s largest silver producer Fresnillo’s Q1 silver production jumped 14 percent on the back of recent work at its San Julian phase II facility, the company reported on Wednesday (April 25).
The Mexico-based company has seven mines in operation and increased its silver production to 14.2 million ounces in the first quarter of the year.
“Fresnillo has started the year well and delivered a solid operating performance during the period. In particular, first quarter silver production rose to 14.2 million ounces, driven by the positive contribution from the new San Julián JM (phase II) mine,” explained CEO Octavio Alvídrez.