Fresnillo Results Presentation Deck
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2021 PRELIMINARY RESULTS
Fourth wave of Covid-19 reached Mexico
We began to see the impact of this in terms of staff
absenteeism from the 2nd week of December and this
accelerated throughout the first few weeks of 2022
Strict protocols and preventive measures remain in
place across the operations
In line with the WHO guidelines, we reduced the
required isolation period from 14 to 7 days
4000
3000
COVID-19
2000
1000
0
7/17
September
Number of Covid cases across
Fresnillo
October
November
December
January
February
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LABOUR SHORTAGE
VACANCIES
New labour reform in Mexico came into effect from 1st September 2021, restricting our ability to subcontract
labour, impacting the availability of mining personnel & availability and utilisation of associated equipment
Underground operations experienced a greater impact while open pit operations now close to fully staffed.
We are planning for three quarters of disruption before recovery in 4Q22
Further exacerbated by the existing skills shortage in Mexico's mining sector, we saw an increase in
vacancies and rotation levels
We are implementing intensive recruitment campaigns, increasing our focus on training and launching
initiatives to improve workforce retention
% 20
16
12
8
4
0
July
Rotation as % of workforce
at Fresnillo & Saucito
August
October
September
November
December
500
400
300
200
Fresnillo
Saucito 100
0
Total number of contractor & unionised
vacancies at Fresnillo & Saucito
www
May
June
July
August
September
October
12
November
December
Fresnillo
SaucitoView entire presentation