Fresnillo gold output jumps

Caitlin Morrison
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SHARES in mining firm Fresnillo were up by 2.15 per cent yesterday after it reported a 62.4 per cent increase in gold production in the three months to 31 March.

The firm said output of 182,000 oz was mainly due to its Herradura mine being fully operational again, having been subject to a temporary explosives permit suspension which impacted on the first quarter of 2014.

Silver production grew by 18.9 per cent to 12.4m oz.