Top UK Stocks to Watch: Fresnillo gold output to fall further in 2021
Joshua Warner January 27, 2021 9:15 AM
Fresnillo warns output will fall further this year, LondonMetric buys two warehouses, FDM Group surprises with a second interim dividend, Diversified Gas & Oil is preparing for ‘another exceptional year’, and Homeserve gets a new chairman. Share:
Top News: Fresnillo posts 12% fall in production and warns of further drop
Fresnillo said gold production was 12.1% lower in 2020 and warned it will drop further in 2021.
The FTSE 100-listed gold miner, which operates in Mexico, said annual production of gold fell to 769,600 ounces and that output this year would fall within a range of 675,000 to 725,000 ounces, representing a fall of between 5.8% and 12.3%.
About Paul Manduca Paul is currently Chairman of Prudential plc, a position he has held since July 2012, having joined the Board as Senior Independent Director in October 2010. He is due to step down from Prudential plc on 31 December 2020. He has served as chairman of the Association of Investment Companies (1991 to 1993), founding CEO of Threadneedle Asset Management Limited (1994 to 1999), global CEO of Rothschild Asset Management (1999 to 2002), and director of Eagle Star and Allied Dunbar, as well as holding the offices of European CEO of Deutsche Asset Management (2002 to 2005), chairman of Bridgewell Group plc and a director of Henderson Smaller Companies Investment Trust plc.