October 12, 2016 / 6:41 AM / 2 years ago

BRIEF-Fresnillo says Q3 silver production up 6.7 pct

Oct 12 (Reuters) - Fresnillo Plc

* production report for three months ended 30 september 2016

* Says quarterly silver production of 11.8 moz (including silverstream), up 6.7 pct versus. 3Q15 mainly due to start-up of phase 1 of San Julián

* Says quarterly silver production down 9.4 pct versus 2Q16 mainly due to expected lower ore grades and lower recovery rate at Saucito

* Says year to date silver production of 37.0 moz (including silverstream), up 6.3 pct on same period of 2015

* Quarterly gold production of 220 koz, up 20.9 pct versus. 3Q15, due to higher volumes processed and higher ore grades at Herradura and Noche Buena

* Says year to date gold production of 667 koz, up 22.3 pct on same period of 2015

* Says milling facility at San Julián is processing ore and leaching plant has been operating normally since august

* Says phase 2 commissioning now expected 2q17 due to external factors

* Says on track to achieve our recently raised full year gold guidance of 850-870 koz and our full year silver guidance of 49-51 moz

* Says we remain on track to meet our full year production guidance of 850-870 koz gold and 49-51 moz of silver

* Says recently volumes processed have come under pressure as a result of some equipment availability and personnel issues Source text for Eikon: Further company coverage:

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