Fresnillo plc is a London‐listed precious metals mining company with a long heritage dating back to the discovery of the Fresnillo silver deposit in 1554. Established as a standalone public company in 2008 following a spin‐out from Grupo Industrial Peñoles, it has grown into one of the world’s largest primary silver producers and a significant gold miner. The company conducts its operations primarily in Mexico, drawing on centuries-old mining traditions while employing modern exploration and extraction techniques.
The company’s key operating assets include the Fresnillo and Saucito underground silver mines in Zacatecas, the Herradura and Noche Buena gold mines in Sonora, and the Ciénega and Soledad‐Dipolos mines in Durango and Zacatecas. Each site integrates on-site ore processing facilities, enabling Fresnillo to produce unrefined concentrates that are further processed at third-party refineries. Ongoing exploration projects across northern Mexico serve to augment the company’s resource base and support medium- to long-term production profiles.
Fresnillo’s product portfolio is dominated by silver and gold, with by-product credits from zinc and lead concentrates. The company’s metallurgical expertise and partnerships with regional smelters facilitate the production of high‐purity bullion and doré bars for industrial and investment markets. In addition to its core metals business, Fresnillo maintains a portfolio of greenfield and brownfield exploration projects aimed at replenishing reserves and identifying new high-grade deposits.
Headquartered in London with a corporate office in Mexico City, Fresnillo plc is overseen by a board of directors chaired by Alberto Baillères, with Octavio Alvídrez serving as Chief Executive Officer. The company adheres to international standards of corporate governance and sustainability, reflecting its commitment to responsible mining practices, community engagement, and environmental stewardship across its Mexican operations.
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