Fresnillo Maintains 2026 Production Guidance
Fresnillo reported a softer Q2 2026 for silver and gold, with attributable silver output at 10.9 million ounces (down 12.6% year over year) and gold at 154,812 ounces (down 1.9% YoY but up 13.8% QoQ), pressured by lower ore grades and the ending of the Silverstream; the company reaffirmed its full-year 2026 production guidance as it focuses on efficiency and safety. Additionally, by-product metals rose in the quarter, a leadership change occurred in the Central Region, and management emphasized ongoing plans to stabilize operations and meet its medium-term targets.