Advertisement
UK markets closed

  • FTSE 100

    8,433.76
    +52.41 (+0.63%)
     

  • FTSE 250

    20,645.38
    +114.08 (+0.56%)
     

  • AIM

    789.87
    +6.17 (+0.79%)
     

  • GBP/EUR

    1.1622
    +0.0011 (+0.09%)
     

  • GBP/USD

    1.2525
    +0.0001 (+0.01%)
     

  • Bitcoin GBP

    48,524.95
    -1,647.05 (-3.28%)
     

  • CMC Crypto 200

    1,261.13
    -96.88 (-7.13%)
     

  • S&P 500

    5,222.68
    +8.60 (+0.16%)
     

  • DOW

    39,512.84
    +125.08 (+0.32%)
     

  • CRUDE OIL

    78.20
    -1.06 (-1.34%)
     

  • GOLD FUTURES

    2,366.90
    +26.60 (+1.14%)
     

  • NIKKEI 225

    38,229.11
    +155.13 (+0.41%)
     

  • HANG SENG

    18,963.68
    +425.87 (+2.30%)
     

  • DAX

    18,772.85
    +86.25 (+0.46%)
     

  • CAC 40

    8,219.14
    +31.49 (+0.38%)
     
MONEY:

Best savings accounts that offer above inflation rates

How to earn the most interest on your savings

Miner Fresnillo's full-year profit falls on low silver, gold prices

Reuters - UK Focus

March 4 (Reuters) - Precious metals miner Fresnillo Plc (Other OTC: FNLPF - news) said its full-year pretax profit dropped 40 percent, hurt by falling gold and silver prices.

The company's pretax profit fell to $251.1 million in the year ended Dec (Shanghai: 600875.SS - news) . 31 from $418.7 million a year earlier.

Fresnillo, which produces silver and gold from six mines in Mexico, said total revenue fell 12.5 percent to $1.41 million.

The company said the average realised silver price decreased 18.4 percent to $18.6 per ounce in 2014, while average realised gold price fell 10.2 percent to $1,257.7 per ounce. (Reporting by Mamidipudi Soumithri in Bengaluru; Editing by Anupama Dwivedi)