Fresnillo Beats Gold Production Forecast

Mining Weekly reported that Fresnillo (LSE:FRES) produced more gold than it had forecast for first quarter.

As quoted in the market news:

Quarterly gold production improved by 26.3% to 121 792 oz, when compared with the same period of 2011, mainly owing to increased throughput at the Saucito, Ciénega and Herradura mines and on the back of a 42.3% spike in gold production from the Fresnillo mine.

Click here to read the full Mining Weekly report.