Fresnillo plc [SEP] industry
Fresnillo plc
Fresnillo plc is a Mexican-based precious metals mining company incorporated in the United Kingdom and headquartered in Mexico City. Fresnillo is the world's largest producer of silver from ore (primary silver) and Mexico's second-largest gold miner. The first Mexican firm to have its primary listing on the LSE, Fresnillo is a constituent of the FTSE 100 Index.
History.
Formerly a wholly owned operating division of Industrias Peñoles, a minority stake in the company was spun off on the London Stock Exchange
of Fresnillo in the state of Zacatecas; the other mines are at Cienega, in Durango, and Herradura, in Sonora. In 2007, Fresnillo plc produced 34.3 million ounces of silver and 279,614 ounces of gold from its three active mines, as well as around 20 tons each of zinc and lead as by-products. 
The company also has 21 active exploration projects located across the country. It signalled plans to use the money raised in its IPO to expand into Peru and Chile.
External links.