Fresnillo Results Presentation Deck
2021 PRELIMINARY RESULTS INVESTMENT PROPOSITION
OUR KEY COMPETITIVE ADVANTAGES POSITION US TO MEET NEAR-TERM COMMITMENTS AND DRIVE LONG-TERM VALUE
HIGH QUALITY
ASSETS
2.3 BNOZ SILVER
RESOURCES
39 MOZ GOLD
RESOURCES
LONG LIFE ASSETS
1 As of 4th March 2022
HEALTHY MARGINS
SUPPORTED BY
A FOCUS ON COST
EBITDA MARGINS OF 45%
CONSOLIDATED
SILVER AISC
OF US$15.2 / OZ VS. SPOT¹ OF
US$25.6 / OZ
CONSOLIDATED GOLD AISC OF
US$1,096 / OZ VS. SPOT¹ OF
US$1,965 / OZ
DISCIPLINED
APPROACH
TO DEVELOPMENT
JUANICIPIO CONSTRUCTION
COMPLETED - MID-2022 RAMP
UP
CONSTRUCTION OF PYRITES
PLANT (PHASE II) COMPLETED -
MID-2022 RAMP UP
SOLID PROJECT
PIPELINE
COMMITMENT
TO SUSTAINABLE
BUSINESS
PRACTICES
CONVERTED OUR HAULAGE
FLEET TO A DUAL FUEL
SYSTEM (LNG & DIESEL)
STRONG FOCUS ON
ENGAGING OUR LOCAL
COMMUNITIES IN STEM
CAREERS & TALENT
DEVELOPMENT
-50% OF OUR ENERGY
SUPPLIED FROM RENEWABLE
SOURCES
5
m
STRONG
BALANCE SHEET
LTM NET DEBT TO EBITDA
OF -0.06x
US$1,235.3M CASH AND
OTHER LIQUID FUNDS
AS OF 31 DECEMBER 2021
POSITIVE FREE CASH FLOW
OF US$269.5M IN 2021
CONSISTENT DIVIDEND
POLICY OF 33-50% OF
PROFIT AFTER TAX EACH
YEAR, US$1BN PAID OVER
THE LAST FIVE YEARSView entire presentation