CAPITAL MARKETS

Zinifex puts price on Century hiccup

ZINIFEX’S recent problem at the Century mine is expected to knock $14 million off earnings (EBIT), representing a slight dampener to what had been looking like a powerhouse financial performance in fiscal 2005.

Michael Quinn
Zinifex puts price on Century hiccup

Zinifex said the majority of the “financial impact” relating to the failure of the SAG mill was from lower revenue due to lost production of 17,700t of zinc and 1400t of lead. In February the company...

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