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Top UK Stocks to Watch: Fresnillo gold output to fall further in 2021
Joshua Warner January 27, 2021 9:15 AM
Fresnillo warns output will fall further this year, LondonMetric buys two warehouses, FDM Group surprises with a second interim dividend, Diversified Gas & Oil is preparing for ‘another exceptional year’, and Homeserve gets a new chairman. Share:
Top News: Fresnillo posts 12% fall in production and warns of further drop
Fresnillo said gold production was 12.1% lower in 2020 and warned it will drop further in 2021.
The FTSE 100-listed gold miner, which operates in Mexico, said annual production of gold fell to 769,600 ounces and that output this year would fall within a range of 675,000 to 725,000 ounces, representing a fall of between 5.8% and 12.3%.