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BUZZ-Fresnillo: Outperforms mining gloom after hiking gold forecast

Reuters - UK Focus

** Silver (Shenzhen: 300221.SZ - news) and gold miner Fresnillo (Other OTC: FNLPF - news) 's shares up 0.6 pct, outperforming a 2.4 pct fall in the Stoxx 600 Basic Resources index

** Co hikes FY gold production guidance to 850-870,000 ounces vs 775-790,000 ounces earlier

** Adds Q2 silver production rose 14.5 pct, while gold production rose 19.6 pct

** European basic resources pressured after Anglo American (LSE: AAL.L - news) trims production guidance, base metal miners now bottom five losers on the FTSE (venkateshasoumithri.mamidipudi.thomsonreuters.com@reuters.net)