Fresnillo Results Presentation Deck
+
∞
New Juanicipio Operation
Lower stripping to cost effect (-38%) at
Herradura
(420.0)
(336.0)
(252.0)
(168.0)
(84.0)
0.0
84.0
168.0
252.0
336.0
420.0
Others
Higher Metal Prices (Zn +9.5% and Au
+0.2%)
Higher ore vol. processed at
Underground mines (Fresnillo and San
Julián DOB)
Lower ore vol. processed at
Underground mines (Saucito, Ciénega
and San Julián Veins) and Noche
Buena
Increase in the use of contractors,
maintenance (mechanical, electric and
repairs), operating materials and diésel
Net effect of lower ore grades
excluding Herradura
Cost inflation (+8.4%) including the
MXP/USD revaluation effect (-0.8%)
Lower ore grade and recovery at
Herradura (net of higher vol. deposited)
Lower Metal Prices (Ag -12.6% and Pb
3.8%)
YTD22 Gross Profit
(156.8)
(135.7)
(101.2)
(400.9)
98.8
(88.6)
53.5
(79.4)
37.6
27.8
18.5
(75.3)
USD MILLION
Gross Profit
536.0
YTD 22
936.9
YTD 21
-400.9*
$
%
-42.8%
(CONSOLIDATED)
CHANGE
2022 PRELIMINARY RESULTS GROSS PROFIT ANALYSIS
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