Business
Interim results for the six months to 30 June 2016
Interim results for the six months to 30 June 2016.
About this update from Fresnillo Plc
[{"type":"text","content":"\n \nRNS Number : 9222F Fresnillo PLC 02 August 2016 \n\n Fresnillo plc\n21 Upper Brook Street\nLondon W1K 7PY\nUnited Kingdom\nwww.fresnilloplc.com\n \n2 August 2016\n \nFresnillo plc interim results \nfor the six months to 30 June 2016\n \n \nHighlights (H1 2016/H1 2015 comparisons)\n· Silver production of 25.2 moz (including Silverstream), up 6.1%, and gold production of 448 koz, up 23.0% \n· Profit for the period of US$165.6m, up 116.9% \n· Basic and diluted EPS US$22.7 cents per share, up 118.3%\n· Cash generated from operations of US$475.2m, up 50.9%\n· Strong balance sheet maintained - cash, cash equivalents and short-term investments of US$701.2m\n· Interim dividend of US$63.4m (8.6 US cents per share) declared reflecting Board's confidence in the Company's financial position and outlook; no change to previously stated policy\n· Construction of the leaching plant (stage 1) at San Julián completed, with production expected to re-start in the coming days\n· Centauro Extension project and resumption of Pyrites project approved by the Board\n· Full year gold production guidance raised to 850-870 koz from 775-790 koz; full year silver production remains on track (49-51 moz, including Silverstream)\n \nHighlights for 1H16\n \n\n\n\n\nUS$ million unless stated\n\n\nH1 16\n\n\nH1 15\n\n\n% change\n\n\n\n\nSilver Production (koz) *\n\n\n25,212\n\n\n23,771\n\n\n6.1\n\n\n\n\nGold Production (oz) \n\n\n447,569\n\n\n364,020\n\n\n23.0\n\n\n\n\nTotal revenues\n\n\n886.9\n\n\n752.3\n\n\...