Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Fresnillo produced 13,905mt of lead in the march ending quarter (Q1), up by 15pc from the prior year. Zinc output rose by 4pc to 22,655mt from the prior-year quarter.


Production of both lead and zinc dipped from the preceding quarter due to COVID-19 restrictions. Lead production fell by 7.3pc and zinc was down 8.8pc, from the prior-quarter. The decline was also a result of lower ore grades and recovery rates. Ore grades, however, were better from the prior-year. 

Production (mt)Q1 2020Q1 2019Pc Change Q4 2019Pc Change

Fresnillo is constantly reviewing its 2020 guidance and the timeline of commissioned projects amid COVID-19. The company  has a total of seven mines, all in Mexico, of which five produce lead and zinc as a by-product. 

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