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Fresnillo plc, listed on the London Stock Exchange under the ticker FRES and on the OTC market as FNLPF, is a Mexico-based holding company primarily engaged in the exploration, development, and production of non-ferrous minerals, with a focus on silver and gold. The company operates through seven distinct segments: Fresnillo, Saucito, Ciénega, Herradura, Noche Buena, San Julián, and Juanicipio. Each segment contributes uniquely to the company’s portfolio, which spans underground and open-pit mining operations across Mexico. The Fresnillo and Saucito segments, located in Zacatecas, are underground silver mines, with Fresnillo being one of the world’s oldest and most productive silver mines. Saucito complements this with modern infrastructure and high silver and gold output. The Ciénega segment, including the San Ramón satellite mine in Durango, focuses on underground gold mining. Herradura and Noche Buena, both in Sonora, are surface gold mines, while San Julián, straddling Chihuahua and Durango, and Juanicipio in Zacatecas, produce both silver and gold. The company also explores lead and zinc concentrates, diversifying its revenue streams. Fresnillo’s mining concessions cover approximately 2.1 million hectares, providing a robust foundation for exploration and development. Additionally, the company leases mining equipment, produces gold and silver doré bars, and offers administrative services, enhancing operational efficiency. #miners #silver #silverprice