Fresnillo plc Overview
Pro stress-test →Fresnillo is the world's largest primary silver producer and a major gold miner, founded in 1887 and headquartered in Mexico City. Operating seven segments across Mexico (Fresnillo, Saucito, Ciénega, Herradura, Noche Buena, San Julián, and Juanicipio), the company explores for, mines, and processes non-ferrous concentrates and doré bars. It is Europe's largest silver and gold mining company.
Strategic Profile
Pro stress-test →The company's competitive edge comes from large, high-grade reserves, integrated underground and open-pit operations, and proximity to established infrastructure in Mexico, giving it scale-based cost leadership but concentrated country and commodity risk. Fresnillo is positioned for robust H2 2025 performance driven by surging silver and gold prices and strong production guidance. The company operates as a subsidiary of Industrias Peñoles, S.A.B. de C.V.
Competitive Landscape
Pro stress-test →Fresnillo's primary competitors include Pan American Silver, Hecla Mining, and First Majestic Silver, with Fresnillo's competitive advantage stemming from large high-grade reserves and integrated operations. Fresnillo's scale in silver can translate to cost leadership but concentrated exposure creates country and commodity risk versus more geographically diversified competitors.
Industry Context
Fresnillo plc operates in Precious Metals Mining.
Key facts
Founded: 1887 · Headquarters: Mexico City, Mexico · Employees: 7,129 · Revenue: $3.94B · Market cap: $36.1B