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Fresnillo’s profit nearly doubles in first half

Precious metals miner Fresnillo said profit for its first half nearly doubled boosted by higher gold and silver prices and increased silver output from its San Julian and Fresnillo mines.

Fresnillo’s average realised prices for silver rose 5.2% to $17.4/oz in the first half, while the average realised gold price rose slightly to $1 250.3/oz.