TIDMFRES
RNS Number : 9276F
Fresnillo PLC
19 November 2020
Fresnillo plc
21 Upper Brook Street
London W1K 7PY
United Kingdom
www.fresnilloplc.com
19 November 2020
Fresnillo appoints Tomás Iturriaga as Chief Operating
Officer
Fresnillo is pleased to confirm the appointment of Tomás
Iturriaga as Chief Operating Officer of the Company with effects as
of 19 November 2020.
In his role, Mr Iturriaga will oversee the safe and efficient
running of our existing mines. Mr Iturriaga brings more than 20
years of professional experience and a significant track record in
the mining sector. Since May 2018, Mr Iturriaga has been holding
the position of Director of Health, Safety, Environment and
Community Relations at Peñoles. Prior to joining the Group, Mr
Iturriaga held several positions at Goldcorp, such as General
Manager of Los Filos mine, Chief Operating Officer Mexico and
Regional Vice-President & General Manager Mexico. He also held
the position of Vice President North American Operations at
Capstone Mining Corp in Canada and Vice President of Operations and
Country Manager for Mexico of Endeavour Silver Corp.
Mr Iturriaga has a Bachelor degree of Science in Mechanical and
Electrical Engineering from the Instituto Tecnológico de Monterrey
(campus Laguna, Coahuila, Mexico), and a Global MBA from
Thunderbird, The American Graduate School of International
Management (Phoenix, Arizona) and was part of the General
Management Program at Harvard Business School.
Mr André Sougarret will remain with the Company for a short
period of time to assist with the handover.
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)20 7250 1446
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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November 19, 2020 10:32 ET (15:32 GMT)
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