Fresnillo PLC reported a 12% year-on-year decline in third-quarter silver output and an 11% drop in gold production due to lower ore grades and reduced processing volumes. Despite these setbacks, the company maintained its full-year 2026 guidance, expecting silver production between 42-47 million ounces and gold output of 500,000-550,000 ounces. Lead and zinc production forecasts remain stable, and the company is confident in meeting its annual targets. This shows Fresnillo's resilience amid operational challenges and market fluctuations.
Fresnillo's third-quarter production update provides context for readers tracking mining sector trends. For readers following US stocks on Pluang, 109 of 150 priced stocks rose while 39 fell. Notable movers include Sea Limited at USD 82.10 with a 7.20% decline, NetFlix Inc at USD 64.88 down 7.12%, and Moderna, Inc. at USD 242.00 up 6.66%, as of Oct 21, 2026 12:41 WIB.
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