Mining has its mojo back – will London miss out? October 15, 2025 After years spent cast as the underbelly of the global economy, mining is undergoing a reputational and financial revival. Ali Lyon explores what’s behind the renaissance, and whether London risks losing its status as the industry’s spiritual home as a result. With his thick-rimmed spectacles, salt-and-pepper hair and wiry, lean build, Gustavo Pimenta is a [...]
Gold seals record high as Trump heads for government showdown September 29, 2025 Gold has once again smashed a record high, spurred on by tensions in the US as President Donald Trump heads for a showdown with congressional members. The yellow metal breezed past the $3,800 mark this morning with a 1.2 per cent gain as investors flocked to the safe haven asset whilst political tensions in Washington [...]
Gold storms past $3,600 as Trump escalates Fed feud September 8, 2025 Gold sealed another record high on Monday as investors doubled down on hopes of a US interest rate cut. The yellow metal smashed highs of $3,616 on Monday – just days after it surpassed the $3,500 threshold. The ‘safe haven’ asset benefited from a whole host of economic turmoil in recent weeks, namely President Donald [...]
FTSE 100 narrowly misses record high after housebuilders rally June 10, 2025 The FTSE 100 closed just short of a record high on Tuesday after fresh economic data fuelled hopes of further interest rate cuts from the Bank of England. The UK’s flagship market inched up 0.24 per cent to 8853.08p after a rally from homebuilders. This narrowly missed March’s record close of 8,871.31p. Builders Persimmon and [...]
FTSE 100 nears record high but Trump threat lingers May 27, 2025 The FTSE 100’s latest rally has put it inches away from sealing an all-time high but another tariff twist from the White House threatens the record. The UK’s flagship index was up one per cent to around 8,800p during midday trading on Tuesday as it reversed Friday’s losses made after Trump threatened the European Union [...]
FTSE 100 extends record win streak as gold miners rally May 6, 2025 The FTSE 100’s record run, fuelled by a recovery in investor sentiment following a pullback in US tariff threats, extended to 16 days on Tuesday. The blue-chip index had another nail-biting session fluctuating between small gains and losses before scraping a 0.01 per cent win. Gold miners led the risers as Endeavour and Fresnillo topped [...]
Fresnillo: ‘steady’ performance allows miner to maintain guidance July 24, 2024 Bumper lead and zinc output and improved access to higher grade areas has helped Mexican miner Fresnillo to maintain its full year guidance despite poor weather being a drag on the much of the area's mining sector.
Gold haul down but silver up for Fresnillo’s start to 2024 April 24, 2024 Fresnillo's gold production has taken a significant hit, with year-on-year first quarter production down 18.6 per cent
Fresnillo reports lower revenues as gold volumes fall and Covid’s impact lingers August 2, 2022 Fresnillo reported lower revenues for the first half of 2022 due to the drop in gold volumes and silver prices, with Covid’s impacts still a concern. The Mexican metals mining company reported adjusted revenues of $1.35bn, a drop of 12.6 per cent as volumes and prices of precious metals that the company mines declined. The [...]
Fresnillo triples profit on back of booming gold and silver prices March 2, 2021 Mexican miner Fresnillo this morning said that its profit tripled in 2020 as booming gold and silver prices offset a slight fall in production. The FTSE 100 firm said that profit before tax jumped to $551.3m (£397.3m) for the last financial year, up from $178.8m in 2019. That’s considerably ahead of analyst predictions of profit [...]