Apr 11, 2019 / 07:45AM GMT
Operator
Hello, and welcome to Fresnillo Q1 production report. My name is Sean, and I will be your coordinator for today's event. Please note that this call is being recorded. (Operator Instructions)
I will now hand you over to your host, Gabriela Mayor, to begin today's conference. Thank you.
Gabriela Mayor - Fresnillo PLC - Head of IR
Thank you very much, Sean. Good morning, everyone, and thank you for joining the call. As usual, I will provide a short introduction to the numbers and I will then take your questions.
You will all have seen the production update released this morning. Quarterly silver production was down 14.8% year-on-year to 13.1 million ounces, due mainly to the lower ore grades at Fresnillo, Saucito and San Julián. 1Q '19 production is down 15.3% against the fourth quarter '18 production due to lower volumes of ore processed and lower rates at Saucito and the San Julián Disseminated Ore Body.
Quarterly gold production of 211,100 ounces is down 8.8% versus the first quarter '18 due to lower volume of ore processed at
Q1 2019 Fresnillo PLC Production Report Call Transcript
Feb 13, 2024
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