Silver stocks take a trashing
London-listed Mexican miner Fresnillo has seen its market value pull back by USD 2bn in the past fortnight, as selling hits silver bullion, and sentiment sours towards one of the hottest pockets in global resources.
Author: Barry Sergeant
Posted: Thursday , 18 Jun 2009
JOHANNESBURG -
London-listed Mexican miner Fresnillo's market value advanced from USD 1.1bn during the darkest hours of November 2008 to a peak of USD 8.7bn in the very early days of June 2009. Since then, there has been some kind of a trashing.
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