Under a February 2012 agreement between Fresnillo and explorer Orex Minerals, Fresnillo committed to spend $2-million on initial work, followed by the first investment option of $2-million, both of which had now been completed.
Orex Minerals Inc. ("Orex"), in conjunction with their project partner Fresnillo PLC ("Fresnillo"), have now mobilized a third exploration diamond drilling rig to their Coneto Silver-Gold Project in Durango, Mexico.
Schroders climbed 2.7 percent as HSBC Holdings Plc increased its stock rating. AstraZeneca rose the most since May after people familiar with the matter said Pfizer Inc. prefers to strike a deal with the U.K.
... mining stocks posted the worst performance among 19 industry groups in the Stoxx 600. Fresnillo Plc, which extracts gold and silver from its facilities in Mexico, declined 3 percent to 973 pence and Anglo American Plc dropped 1.3 percent to 1,578.5 ...