Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  London Stock Exchange  >  Fresnillo Plc    FRES   GB00B2QPKJ12

Delayed Quote. Delayed  - 08/26 05:35:08 pm
1790 GBp   +1.94%
08/23 FRESNILLO : Restart of leaching plant at San Julian
08/22 Weaker commodity-related stocks push FTSE to two-week low
08/19 FRESNILLO : Conversion Rate for 2016 Interim Dividend
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Fresnillo Plc : appoints Non-Executive Directors

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/17/2012 | 11:22am CEST

17 April 2012

Fresnillo plc appoints Non-Executive Directors

Fresnillo plc ("Fresnillo") is pleased to announce the appointment of Ms María Asunción Aramburuzabala and Mr Alejandro Baillères as non-executive Directors of Fresnillo. 

Ms Aramburuzabala is currently Vice Chairman of Grupo Modelo, one of Mexico's largest breweries. She also serves on the boards of several companies in Mexico including Grupo Aeroméxico, Grupo Financiero Banamex, Banco Nacional de México, Tresalia Capital and KIO Networks.  Her prior directorships include Grupo Televisa, Empresas ICA and América Móvil. She was educated at the Instituto Tecnológico Autónomo de Mexico (ITAM).

Mr Baillères has been the Chief Executive Officer of Grupo Nacional Provincial, a leading insurance company in Mexico. He is also a director of several companies within Grupo BAL, including Industrias Peñoles S.A.B. de C.V., the controlling shareholder in Fresnillo. Mr Baillères is also an alternate director of Coca-Cola FEMSA, the largest beverage company in Mexico and serves on the Board of Trustees of ITAM.

The Board believes that the broad range of experience of Mexican and international business which these two new Directors bring will broaden the perspectives and experience that are applied to Board discussions, and strengthen the overall mix of skills and experience on the Board.

The appointment of these two additional directors increases the number of Board members to twelve including eleven non-executive Directors. The appointments were proposed at a recent meeting of the board's nominations committee. Fresnillo shareholders will vote on the appointments at the Company's annual general meeting on 18 May 2012.

There are no other matters to disclose in accordance with paragraph 9.6.13R of the FSA's Listing Rules.

For further information, please visit our website: www.fresnilloplc.com or contact:

Fresnillo plc

London

Arturo Espínola

Head of Investor Relations

Tel: +44(0)20 7339 2470

Mexico

Gabriela Mayor

Tel: +52 55 52 79 3203

Brunswick Group

Carole Cable (Partner)

David Litterick (Director)

Tel: +44(0)20 7404  5959

About Fresnillo plc

Fresnillo is the world's largest primary silver producer and Mexico's second largest gold producer, listed on the London and Mexican Stock Exchanges under the symbol FRES.

Fresnillo has seven operating mines, all of them in Mexico - Fresnillo, Saucito, Cienega, San Ramon, Herradura, Soledad-Dipolos and Noche Buena; four development projects -Noche Buena (new gold mine at Herradura District), San Ramón mine (a satellite of the Ciénega gold mine), Saucito II, and Dynamic leaching to treat high grade gold ore from Herradura and Soledad-Dipolos mine; and five advanced exploration prospects - San Julián, Centauro Deep, Juanicipio, Orysivo and Las Casas as well as a number of other long term exploration prospects. In total, has mining concessions covering approximately 2.1 million hectares in Mexico.

Fresnillo has a strong and long tradition of mining, a proven track record of mine development, reserve replacement, and production costs in the lowest quartile of the cost curve for both silver and gold.

Fresnillo's goal is to maintain the Group's position as the world's largest primary silver company, producing 65 million ounces of silver and 500,000 ounces of gold by 2018.

..


This information is provided by RNS
The company news service from the London Stock Exchange
ENDBOAEAPLXFANAEEF
distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on FRESNILLO PLC
08/23 FRESNILLO : Restart of leaching plant at San Julian
08/22 Weaker commodity-related stocks push FTSE to two-week low
08/19 FRESNILLO : Conversion Rate for 2016 Interim Dividend
08/18DJFresnillo Says First Phase of San Julian Mine Now Operational
08/18 FRESNILLO : Restarts Leaching Plant At San Julian Mine In Mexico
08/16 FRESNILLO : Conversion rate for 2016 Interim Dividend
08/15 FRESNILLO : *jpmorgan raises fresnillo plc price target to 1600 pence - 'neutral..
08/11 FRESNILLO PLC : ex-dividend day for interim dividend
08/10 FRESNILLO : Resignation of Non-Executive Director
08/03 FRESNILLO : *deutsche bank raises fresnillo plc price target to 1210 pence - 'se..
More news
Sector news : Integrated Mining
08/25DJMiner South32 Posts Full-Year Loss
08/23 FTSE buoyed by resilient Persimmon
08/18DJWoodside 1st Half Profit Halves on Weaker Energy Prices
08/18 FTSE edges up, helped by miner rally
08/17DJBHP Slides to Big Full-Year Loss -- WSJ
More sector news : Integrated Mining
News from SeekingAlpha
08/02 FRESNILLO : A Perfect Play For The Current Bull Market In Gold
07/07 Gold/Silver Market - Instead Of Pondering On Valuation Measures, Participate ..
07/04 Next Week's Market Outlook - Don't Be Fooled By Optimism
06/20 GOLD : One Option For Playing This Mess
06/07 My Additional 2 Silver Picks For This Bull Market In Precious Metals
Advertisement
Financials ($)
Sales 2016 1 892 M
EBIT 2016 611 M
Net income 2016 345 M
Debt 2016 288 M
Yield 2016 0,92%
P/E ratio 2016 50,85
P/E ratio 2017 31,28
EV / Sales 2016 9,35x
EV / Sales 2017 7,62x
Capitalization 17 397 M
More Financials
Chart FRESNILLO PLC
Duration : Period :
Fresnillo Plc Technical Analysis Chart | FRES | GB00B2QPKJ12 | 4-Traders
Full-screen chart
Technical analysis trends FRESNILLO PLC
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus UNDERPERFORM
Number of Analysts 15
Average target price 21,1 $
Spread / Average Target -10%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Octavio Alvidrez Chief Executive Officer
Alberto Baillères González Non-Executive Chairman
Roberto Diaz Chief Operating Officer
Mario Arreguín Frade Chief Financial Officer
David Giles Vice President-Exploration
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
FRESNILLO PLC152.82%17 397
BHP BILLITON PLC42.11%81 126
BHP BILLITON LIMITED17.75%81 126
RIO TINTO LIMITED9.82%60 507
RIO TINTO PLC23.57%60 507
GRUPO MEXICO S.A. DE C..26.50%19 652
More Results