mag management one can only guess about Mags relationship
with Friz................fresnillio mine production downski......what's Juanacipio up to ....the JV info is so overwhelming this year I don't have time to read it all
"
Full year silver production decreased by 13.7% when compared to 2012 mainly as a result of lower silver ore grades (285g/t 2013 vs. 328g/t 2012), which were below the previously given guidance of 300-310g/t. The decrease year on year was explained by the anticipated natural decline in silver ore grade from deeper areas at the San Carlos vein. Additionally, the main reason for being below the expected ore grade was the delay in the development works in the first and fourth quarters of the year, which temporarily limited access to the high ore grade areas. This delay was caused by the need to carry out backfilling activities for safety reasons (in 1Q) and by unexpected temporary ground instability in certain zones which slowed the process (in 4Q).
https://otp.investis.com/clients/uk/fresnillo/rns/regulatory-story.aspx?cid=191&newsid=388637
fresnillio mine production
"Similarly, quarterly silver production decreased by 17.6% and 14.1% when compared to the same period of 2012 and the previous quarter of 2013 respectively as a result of the lower ore grade (261.6g/t 4Q13 vs. 323.7g/t 4Q12) and (261.6g/t 4Q13 vs. 305.3g/t 3Q13). However, these adverse factors were partially mitigated by a slight increase in ore throughput.
Silver ore grade has reached the average ore grade in reserves and is expected to remain around 280g/t in 2014. To compensate for this natural decline in silver ore grade, the company continues to work in advancing the mine development and deepening the San Carlos shaft to have direct access to deeper ore reserves. We also continue to evaluate the potential to expand milling capacity to 10,000 tonnes per day.
Annual and quarterly gold by-product production increased when compared to all periods as a result of higher ore grades and recovery rates.
Annual by-product lead production decreased when compared to 2012 mainly due to the lower ore grade and, to a lesser extent reduced ore processed, which was partially mitigated by higher recovery rates. By-product zinc production for the full year remained at similar levels when compared to 2012. Quarterly by product lead and zinc production increased when compared to the same period of 2012 mainly as a result of higher ore grades and recovery rates."
??????did they change the name of the Juanacipio project????????????????????
Update on exploration
In the fourth quarter of 2013, drilling continued to be focused on district exploration around our operating mines. Good results were obtained at Centauro Deep and Noche Buena, Herradura, Ciénega (namely at the Porvenir and San Gregorio veins), and the south vein in Fresnillo.
62,050 metres of core and 18,800 metres of reverse circulation drilling were carried out with 32 rigs, aiming to extend known gold and gold-silver mineralisation and to explore new targets at these locations.
Additional intersections with grades were obtained at the Fraile, Gigante and Chorro veins in the Guanajuato District, and on the Rodeo property in Durango. Drilling was initiated at the Guazapares prospect in Chihuahua.
Updated resource and reserve figures will be released at the time of Fresnillo plc's preliminary results once the external technical audit is completed. Safety remains a priority at all of our operations and no lost time accidents were reported in the period. "