Garpenberg Seismic Halt Tests Boliden Production Reliability And Earnings Story [Yahoo! Finance]
BOLIDEN AB UNSP/ADR (BDNNY)
NASDAQ:AMEX Investor Relations:
boliden.com/investor-relations
Company Research
Source: Yahoo! Finance
Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. Abnormal seismic activity at Boliden's Garpenberg mine triggered a full evacuation and production halt. Both mining and concentrator operations are currently stopped pending inspections and safety checks. The company has not provided a timeline for when operations may resume or how quickly production could ramp back up. For investors following OM:BOL, this comes at a time when the share price stands at SEK540.0 after a 13.4% decline over the past week and a 17.9% decline over the past month. Even so, the stock shows longer term gains of 3.6% year to date, 50.8% over 1 year, 51.5% over 3 years and 106.6% over 5 years. This highlights the importance of large assets such as Garpenberg to the Boliden investment case. This disruption introduces fresh uncertainty around Boliden's near term operational profile, potential financial impact and supply commitments from Garpenberg. As updates emerg
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News
- Consequences of abnormal seismic activity at the Garpenberg mine [Yahoo! Finance]Yahoo! Finance
- 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