Fresnillo Results Presentation Deck
KEY ACTIONS
Silver production increased 13% year on year
Recruitment and training campaigns continued with the mine well staffed; new
equipment being delivered
ā
2022 PRELIMINARY RESULTS - OPERATIONS
FRESNILLO
ā
Deepening of the San Carlos shaft progressed at a slower pace due to a tight
labour market and the introduction of modifications to improve its functionality
once in operation. Commissioning expected in 2Q 2023
Development rates averaged 2,929m/m and we expect to maintain a
development rate of c. 3,000m/m for the foreseeable future
Production
20
Million Ounces
15
0
2019
KEY OPERATING HIGHLIGHTS
Silver production - moz
Gold production - koz
Cost per tonne - US$
Cash cost - US$/oz of Ag
AISC - US$/oz of Ag
Reserves 2022 **
Resources 2022
2020
**
2021
2022
Silver Production
Silver Ore Grade
FY22
13.6
34.4
91.5
5.7
16.3
2023e*
Grade
300
250
200
150
12
100
Grams/tonne
FY21
12.0
33.7
84.7
5.4
16.3
91.6 moz Ag, 291 koz Au
706.7 moz Ag, 1.63 moz Au
* Includes production from Phase II of the Pyrites Plant
**As of 31 May 2022View entire presentation