AT A GLANCE: Finland's Terrafame posts 4.6% rise in nickel output, 9% uptick in overall sales for 2020

February 26, 2021 / www.metalbulletin.com / Article Link

A summary of Finnish miner Terrafame's financial results for the fourth quarter and full year to December 31, 2020, published by the company on Thursday February 25.

In brief The full-year earnings before interest, taxes, depreciation, and amortization (Ebitda) was ?,?23.8 million ($28.9 million), down from 2019's ?,?32 million.  In the fourth quarter, however, the company's Ebitda was ?,?17.7 million, rising from ?,?700,000 in the same period in 2019.  Terrafame posted a 9% increase in oveall sales in 2020 to ?,?338 million, up from ?,?310.4 million in 2019, due to strong production at the first and last quarters of the year. In the fouth...

Recent News

Budgets shift to later phases and larger companies

March 03, 2025 / www.canadianminingreport.com

Gold stocks decline on metal and equities drop

March 03, 2025 / www.canadianminingreport.com

TSXV Mining's gold-driven outperformance

February 24, 2025 / www.canadianminingreport.com

Gold stocks dip, TSXV mining outperforms, tech bull shifts to China

February 24, 2025 / www.canadianminingreport.com

Producing gold still up after metal reversal, juniors down

February 17, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok