Fresnillo CEO says Cautiously Bullish on Silver

The video discusses Fresnillo's production targets for silver and gold, highlighting their financial strategy and dividend policy. It explores market trends, particularly the demand for silver, and the impact of US-Mexico relations on their operations. The video also provides an outlook on gold production and economic factors affecting the mining industry.

What was Fresnillo's silver production target for 2018?

• 75 million ounces

• 85 million ounces

• 50 million ounces

• 65 million ounces

What percentage of net profit does Fresnillo allocate to dividends?

• 30%

• 40%

• 60%

• 50%

What is one of the new applications for silver mentioned in the transcript?

• Automobiles

• Solar panels

• Batteries

• Jewelry

How does Fresnillo view the relationship between Mexico and the US?

• As a competitor in the mining industry

• As a significant commercial relationship

• As a minor trade partner

• As a potential market for expansion

What is Fresnillo's approach to market fluctuations?

• Diversify into unrelated industries

• Invest heavily in marketing

• Increase production regardless of market conditions

• Focus on cost control and efficiency

What is Fresnillo's stance on the long-term price of gold and silver?

• Bearish

• Neutral

• Cautiously bullish

• Highly optimistic

What potential risk does the Trump administration pose to Fresnillo?

• Competition from US-based miners

• Decreased demand for silver

• Border taxes

• Increased mining regulations