TIDMFRES
RNS Number : 3176V
Fresnillo PLC
01 December 2023
Fresnillo Plc
21 Upper Brook Street
London W1K 7PY
United Kingdom
www.fresnilloplc.com
1 December 2023
Fresnillo plc announces new executive roles
Fresnillo plc ("Fresnillo" or "the Company") is committed to
creating long term value by maximising the potential of its
operations and delivering profitable growth, whilst ensuring the
wellbeing of its stakeholders. To further strengthen the oversight
of its assets and focus on the advancement of its pipeline,
Fresnillo is pleased to announce the creation of new executive
roles for its operations and projects: Chief Operating Officer
North and Chief Operating Officer Central.
Tomás Iturriaga, who has been leading the Company's operations
over the last three years, will continue in his role as Chief
Operating Officer of the Central Operations, comprised of the
Fresnillo, Saucito and Juanicipio mines, together with the advanced
exploration projects of Orisyvo and Guanajuato.
To oversee the Herradura, Ciénega and San Julián mines, combined
with the Tajitos, Rodeo and Capricornio projects, Fresnillo is
appointing Daniel Diez as Chief Operating Officer of the Northern
Region with effect from 1 December 2023.
Mr Diez brings to the Company more than 24 years of sector
experience and a broad understanding of the mining industry,
acquired through significant corporate, operational and project
development roles in Chile, Australia, Pakistan and Brazil.
He joins from Gold Fields where he led its Chile operations
overseeing the development of the Salares Norte project, a
high-grade, gold-silver, open-pit deposit situated in the High
Andes of northern Chile. Previously he held several senior
leadership positions at Yamana Gold. He has also served as Mining
Expert (LATAM) at McKinsey & Company and development roles at
both Xstrata and Antofagasta. He was a Board member of Minera
Alumbrera Ltd. and has also been Chairman of the Board of Directors
of MARA a (joint venture between Yamana, Glencore and Newmont) and
Minera Alumbrera Limited.
Mr Diez has a Bachelor degree of Mining Engineering from the
Universidad de Chile, an MBA from the Institute for Executive
Development and is a Certified Project Manager (Stanford
University).
Octavio Alvídrez, Chief Executive Officer, said: "Daniel is a
fantastic addition to our senior team. He brings with him
considerable experience in the mining sector, and a proven track
record of developing mining assets. Daniel and Tomás will work
together to further improve operational performance, while
overseeing the development of our extensive pipeline in their
respective regions."
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
Mark Mochalski
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 eight operating mines, all of them in Mexico -
Fresnillo, Saucito, Juanicipio, Ciénega, Herradura,
Soledad-Dipolos(1) , Noche Buena and San Julián (Veins and
Disseminated Ore Body) and four advanced exploration projects -
Orisyvo, Rodeo, Guanajuato and Tajitos 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.
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END
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