TIDMFRES
RNS Number : 2241G
Fresnillo PLC
23 November 2020
Fresnillo plc
21 Upper Brook Street
London W1K 7PY
United Kingdom
www.fresnilloplc.com
23 November 2020
Fresnillo plc - Death of a Director
Fresnillo plc (or "the Company") regrets to announce the death
of Mr Luis Robles, independent non-executive director of the
Company, after a short illness. The Board extends its deepest
condolences and sympathies to Mr Robles' family and would like to
take this opportunity to express its thanks for his significant
contribution to the Company.
Mr Luis Robles joined the Board of Fresnillo in May 2019, after
a hugely distinguished career in the banking and financial sectors
during which time he served on various national and international
associations, including Chairman of the Latin American Banking
Federation from 2010 to 2012 and various roles in the Mexican
Banking Association culminating in him being Chairman from 2014 to
2017. Mr Robles also served as the Chairman of Board of Directors
of BBVA Bancomer from 2012 until his retirement in September
2018.
Fresnillo plc Chairman Alberto Baillères said:
"We are all deeply saddened by this tragic news. In his short
time with Fresnillo, Luis made a huge contribution to the Board.
Luis was an outstanding colleague. We will miss his wise counsel,
his vast experience, but above all his kindness and friendship. On
behalf of the Board, and everyone at Fresnillo, I would like to
extend my deepest sympathies to his family, friends and colleagues.
Luis, te extrañaremos."
A new independent non-executive director will be appointed to
the Fresnillo Board in due course.
-Ends-
For further information, please visit our website
www.fresnilloplc.com or contact:
FRESNILLO PLC Tel: +44 (0)20 7399 2470
London Office
Gabriela Mayor, Head of Investor
Relations
Patrick Chambers
Mexico City Office Tel: +52 55 52 79 3206
Ana Belem Zárate
POWERSCOURT Tel: +44 (0)7793 858 211
Peter Ogden
ABOUT FRESNILLO PLC
Fresnillo plc is the world's largest primary silver producer and
Mexico's largest gold producer, listed on the London and Mexican
Stock Exchanges under the symbol FRES.
Fresnillo plc has seven operating mines, all of them in Mexico -
Fresnillo, Saucito, Ciénega (including the San Ramón satellite
mine, Las Casas Rosario & Cluster Cebollitas), Herradura,
Soledad-Dipolos(1) , Noche Buena and San Julián (Veins and
Disseminated Ore Body), three development projects - the Pyrites
Plant at Fresnillo, the optimisation of the beneficiation plant
also at Fresnillo and Juanicipio, and four advanced exploration
projects - Orisyvo, Rodeo, Guanajuato and Pilarica, as well as a
number of other long term exploration prospects.
Fresnillo plc has mining concessions and exploration projects in
Mexico, Peru and Chile.
Fresnillo plc has a strong and long tradition of exploring,
mining, a proven track record of mine development, reserve
replacement, and production costs in the lowest quartile of the
cost curve for silver.
Fresnillo plc's goal is to maintain the Group's position as the
world's largest primary silver company and Mexico's largest gold
producer.
(1) Operations at Soledad-Dipolos are currently suspended.
FORWARD LOOKING STATEMENTS
Information contained in this announcement may include
'forward-looking statements'. All statements other than statements
of historical facts included herein, including, without limitation,
those regarding the Fresnillo Group's intentions, beliefs or
current expectations concerning, amongst other things, the
Fresnillo Group's results of operations, financial position,
liquidity, prospects, growth, strategies and the silver and gold
industries are forward-looking statements. Such forward-looking
statements involve risk and uncertainty because they relate to
future events and circumstances. Forward-looking statements are not
guarantees of future performance and the actual results of the
Fresnillo Group's operations, financial position and liquidity, and
the development of the markets and the industry in which the
Fresnillo Group operates, may differ materially from those
described in, or suggested by, the forward-looking statements
contained in this document. In addition, even if the results of
operations, financial position and liquidity, and the development
of the markets and the industry in which the Fresnillo Group
operates are consistent with the forward-looking statements
contained in this document, those results or developments may not
be indicative of results or developments in subsequent periods. A
number of factors could cause results and developments to differ
materially from those expressed or implied by the forward-looking
statements including, without limitation, general economic and
business conditions, industry trends, competition, commodity
prices, changes in regulation, currency fluctuations (including the
US dollar and Mexican Peso exchanges rates), the Fresnillo Group's
ability to recover its reserves or develop new reserves, including
its ability to convert its resources into reserves and its mineral
potential into resources or reserves, changes in its business
strategy and political and economic uncertainty.
LEI: 549300JXWH1UV5J0XV81
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END
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