Nyrstar announces new zinc price hedging strategy

Nyrstar NV has entered into further short-term strategic hedging arrangements utilising put and call collar structures to alleviate potential downside risks with respect to the price of zinc, the company said on November 17.

The new hedges are for 3,000 tpm of the payable metal produced in concentrate by the company’s mining segment for the first quarter of 2017. The collar structures, used to protect...


This article was first published by AMM

November 18, 2016

02:20 GMT