Consequences of abnormal seismic activity at the Garpenberg mine [Yahoo! Finance]
BOLIDEN AB UNSP/ADR (BDNNY)
NASDAQ:AMEX Investor Relations:
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Source: Yahoo! Finance
The first quarter throughput was just under 0.8 Mton instead of the expected slightly over 0.9 Mton at already communicated grades. All inspections are not yet complete but production in the most affected part of the mine is not expected to resume in 2026. Until further notice, Garpenberg's production is therefore estimated to be around 30 percent of the guided capacity of 3.7 Mton per year. For the first quarter of 2026, EBITDA will be negatively affected by approximately SEK -400 million at today's prices and terms. Seismic activity in the Garpenberg mine has decreased and inspections of the mine have largely been carried out but have not yet been completed. These inspections have shown that a large part of the mine infrastructure, including crushers, hoist system and workshops, are largely unaffected by the seismic activity. However, the inspections have also shown that a significant amount of media such as ventilation, pressure air systems, water management, electrical infrastru
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News
- Consequences of abnormal seismic activity at the Garpenberg mine [TheStreet.com]TheStreet.com
- Consequences of abnormal seismic activity at the Garpenberg minePR Newswire
- Invitation to the Annual General Meeting of Boliden AB (publ) [Yahoo! Finance]Yahoo! Finance
- Invitation to the Annual General Meeting of Boliden AB (publ) [TheStreet.com]TheStreet.com
- Invitation to the Annual General Meeting of Boliden AB (publ)PR Newswire