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Fresnillo PLC, a London-listed silver and gold miner, could have to pay up to $630 million to a community whose land it illegally mined, following a review ordered by a court in Mexico, the Times reported on Wednesday. The court has ruled that Fresnillo should return the gold it mined or pay people in the area an equivalent value, the newspaper said, and a court-ordered review set the value of the gold at more than $630 million, according to documents seen by the Times and SourceMaterial, an investigative journalism organisation. Fresnillo learned of the sum back in January, the Times said, adding that the company is challenging the review, noting that is is an expert opinion provided to aid the court, not a ruling issued by the court. Fresnillo shares were up 0.1% to 1,135.00 pence midday Thursday in London. The stock is up 75% so far in 2025. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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