FRES on London Stock Exchange

Fresnillo plc

Logo: Fresnillo plc, Public domain, via Wikimedia Commons5

UK precious metals mining company based in Mexico

Fresnillo plc is a Mexican precious metals mining company incorporated in the United Kingdom and headquartered in Mexico City. Fresnillo is the world's largest producer of silver from ore (primary silver) and Mexico's second-largest gold miner. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.3 Its chief executive is Octavio Alvídrez (since 2012).1 It is part of Peñoles.1 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

2008Founded1

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  • TickerFRES on London Stock Exchange1
  • Industrymining1
  • HeadquartersLondon1
  • Websitewww.fresnilloplc.com
  • Legal formpublic limited company1
  • Incorporated inMexico6
  • Business addressCalzada Legaria, No. 549, Torre 2, Colonia 10 De Abril, Miguel Hidalgo, Mexico City, 112506
  • LEI549300JXWH1UV5J0XV814
  • StatusActive4
  • LEI statusIssued and current4
  • Registered address2ND FLOOR, W1K 7PY London, United Kingdom4
  • Registered withCompanies House, 063441204

Fresnillo plc is a Mexican precious metals mining company incorporated in the United Kingdom and headquartered in Mexico City. Fresnillo is the world's largest producer of silver from ore (primary silver) and Mexico's second-largest gold miner. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.3

Corporate structure

Fresnillo plc is part of a group headed by INDUSTRIAS PEÑOLES S A B DE C V. 9 entities, 3 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

  • INDUSTRIAS PEÑOLES S A B DE C V Mexico City, Mexico
    • Fresnillo plc Mexico City, Mexico
      • MAG SILVER CORP Stake · Vancouver, British Columbia, Canada
      • MINERA FRESNILLO, S.A. DE C.V. Subsidiary · Torreon, Mexico
    • BAL INTERNATIONAL, INC. Subsidiary · Stamford, Connecticut, United States
    • BAL METALS INTERNATIONAL, INC. Subsidiary · Stamford, Connecticut, United States
    • METALURGICA MET-MEX PENOLES SA DE CV (METALURGICA MET-MEX PEÑOLES SA DE CV) Subsidiary · Torreon, Mexico
    • MINAS PENOLES, S.A. DE C.V. (MINAS PEÑOLES, S.A. DE C.V.) Subsidiary · Torreon, Mexico
    • PENOLES METALS & CHEMICALS, INC. Subsidiary · Stamford, Connecticut, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); stakes of 5% or more it reported on Schedules 13D and 13G (1 companies). Each entity in the chart links to its source.

The story

Formerly a wholly owned operating division of Industrias Peñoles, a minority stake in the company was spun off on the London Stock Exchange in a May 2008 IPO, with a secondary listing on the Mexican Stock Exchange on the same day.

On 15 August 2012, Octavio Alvídrez took over as chief executive from Jaime Lomelín, following a handover period.

From Wikipedia’s article on Fresnillo plc, shared under CC BY-SA 4.0.7

Leadership

Who has led Fresnillo plc, and when. Pick a name to see everywhere that person has worked.

Products and brands

  • precious metal

Listed on Wikidata.1

The company operates three gold and silver mines in Mexico (Industrias Peñoles retained the rights to its primary base metals mines when Fresnillo was spun off). The largest mine, in terms of silver output, is Mina Proaño (also known as Fresnillo Mine), located near the city of Fresnillo in the state of Zacatecas; the other mines are at Cienega, in Durango, and Herradura, in Sonora. In 2007, Fresnillo plc produced 34.3 million ounces of silver and 279,614 ounces of gold from its three active mines, as well as around 20 tons each of zinc and lead as by-products.

The company also has 21 active exploration projects located across the country. It signalled plans to use the money raised in its IPO to expand into Peru and Chile.

From Wikipedia’s article on Fresnillo plc, shared under CC BY-SA 4.0.7

Subsidiaries and ownership

Parent company

Parent company (GLEIF)

From Wikidata.1 Ownership links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); each one cites its LEI record.

Timeline

  1. Jan 4, 2018Parent Directly consolidated by INDUSTRIAS PEÑOLES S A B DE C V4
  2. Aug 15, 2012New chief executive Octavio Alvídrez becomes CEO1
  3. 2008Founded Founded1

Stakes it holds

Fresnillo plc has told the SEC it owns more than 5% of 1 company, latest first (Schedules 13D and 13G).

SEC filer profile

How Fresnillo plc is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARFresnillo PLC2
  • CIK0001446732
  • Incorporated inMexico2
  • Fiscal year endsDecember 312
  • Business addressCalzada Legaria, No. 549, Torre 2, Colonia 10 De Abril, Miguel Hidalgo, Mexico City, 11250, Mexico2
  • Phone52 55 527932002
  • On EDGAR sinceOct 2, 20082
  • Filings5 in all: SC 13D/A (3), SC 13D (1), SCHEDULE 13D/A (1)2