Nyrstar writes down Myra Falls mine by additional $34mln

June 25, 2019 / www.metalbulletin.com / Article Link

Nyrstar will write down the value of its zinc-copper-gold Myra Falls mine by an additional ?,?30 million ($34.18 million), it said on Saturday June 22, bringing total 2018 impairment on assets to ?,?130 million.

Specifically, the company is impairing ?,?117.2 million on its Myra Falls and Langlois mines, with its metal smelting unit taking a ?,?11.4 million write-down. "The company has continued to update the life of mine plan for...

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