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

4-Traders Homepage  >  Commodities  >  Platinum       

PLATINUM
Mes dernières consult.
Most popular
Delayed Quote. Delayed  - 06/22 11:00:00 pm
876.56 USD   +1.57%
06/20Petropavlovsk and IRC Granted Payment Waiver by Lender
DJ
06/19Industrial Metals Slide on Reignited Trade Fears
DJ
06/19Industrial Metals Slide on Reignited Trade Fears
DJ
SummaryQuotesChartsNewsAnalysis 
News SummaryAll newsTweets

Fresnillo Reports 31% Increase in Net Profit in 2017

share with twitter share with LinkedIn share with facebook
share via e-mail
0
02/27/2018 | 08:43am CEST

By Oliver Griffin

Mexico-based silver-and-gold miner Fresnillo PLC (FRES.LN) said Tuesday that net profit in 2017 rose 31% as the company forecast further increases to silver production in 2018.

The mining company said that net profit for the year ended Dec. 31 rose to $560.8 million, from $427 million in 2016. Pretax profit increased 3.2% to $741.5 million, while revenue grew 9% to $2.09 billion, the company said.

Fresnillo declared a final dividend of 29.8 cents a share, up from the 2016 final dividend of 21.5 cents a share.

The company, which in January reported that it produced 58.7 million ounces of silver in 2017, forecast silver production in 2018 in a range between 67 million ounces and 70 million ounces.

Gold production for 2018 is forecast to be in a range of 870,000 and 900,000 ounces, the company said.

Write to Oliver Griffin at [email protected]

Stocks mentioned in the article
ChangeLast1st jan.
FRESNILLO 2.80% 1173 Delayed Quote.-19.52%
GOLD 0.19% 1269.8 Delayed Quote.-2.12%
SILVER 0.54% 16.409 Delayed Quote.-3.58%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on PLATINUM
06/20Petropavlovsk and IRC Granted Payment Waiver by Lender
DJ
06/19Industrial Metals Slide on Reignited Trade Fears
DJ
06/19Industrial Metals Slide on Reignited Trade Fears
DJ
06/18Correction to Metals Story
DJ
06/13Tharisa deepens Zimbabwe exposure with platinum deal
RE
06/12JOHNSON & JOHNSON : Accepts Platinum Equity's $2.1 Billion Offer for LifeScan Bu..
DJ
05/31Sibanye Dismisses 'Unwarranted' Debt Fears, Backs Lonmin Deal
DJ
05/30FRESNILLO : on Track for 2018 Production Targets
DJ
05/22Anglo American PLC's De Beers Group Sold $550 Million of Diamonds in Fourth C..
DJ
05/15Anglo American to Spin off VC Business -FT
DJ
More news
Chart PLATINUM
Duration : Period :
Platinum Technical Analysis Chart | 4-Traders
Technical analysis trends PLATINUM
Short TermMid-TermLong Term
TrendsBearishBearishBearish