LONDON, March 1, 2011 /PRNewswire-FirstCall/ -- The leading precious metals group Fresnillo today released their preliminary results for the year ended 31st December 2010. Net profits rose by more than 100% to $665m with revenues also rising by 56% to $1.47bn. EBITDA rose by 90% to $945m and silver and gold production hit record levels.
Speaking in an interview with financial broadcaster http://www.cantos.com , CEO Jaime Lomelin said excellent operational performance and cost control had contributed to the results alongside record prices for gold and silver. He also outlined details of the company's growth pipeline and its targets for silver and gold production in 2011.
The interview and full transcripts are available on http://www.cantos.com/company/Fresnillo.
Cantos.com, the online financial broadcaster, features in-depth interviews, documentaries and webcasts with senior company executives. If you would like to contact us, please email firstname.lastname@example.org or phone +44-207-936-1372.