Fresnillo hit by cyber incident but expects no financial impact.


Precious metals producer Fresnillo has revealed that it was hit by a cyber attack that resulted in unauthorised access to certain IT systems and data.

Fresnillo

Source: Sharecast

The announcement, which came just hours after the Mexico-based miner delivered its interim results, was made late on Tuesday evening after market's closed, with the company assuring that it took "response measures" immediately.

"The company's IT experts, in coordination with external specialists, are taking all measures to investigate and assess the scope of this incident," Fresnillo said.

All business units were able to continue their activities and no material operational or financial impact was experienced, it said.

"The company will provide a further update as and when appropriate. Fresnillo plc takes the issue of cyber security extremely seriously and will continue to fully investigate this incident and take all appropriate measures."

Fresnillo shares finished up 3.1% on Tuesday after the company said it was on track to meet full year guidance after strong second-quarter production.

Quarterly attributable silver production of rose 8.4% quarter-on-quarter to 14.6 million ounces, though gold production was down 7.7% to 130,000 ounces.


ISIN: GB00B2QPKJ12
Exchange: London Stock Exchange
Sell:
1,418.00 p
Buy:
1,420.00 p
Change: 3.00 ( 0.21 %)
Date:
Prices delayed by at least 15 minutes

Compare our accounts

If you're looking to grow your money over the longer term (5+ years), we have a range of investment choices to help.

Halifax is not responsible for the content and accuracy of the Markets News articles. We may not share the views of the author. Understand the risks, please remember the value of your investment can go down as well as up and you may not get back the full amount you invest. We don't provide advice so if you are in any doubt about buying and selling shares or making your own investment decisions we recommend you seek advice from a suitably qualified Financial Advisor. Past performance is not a guide to future performance.