Nyrstar writes down Myra Falls mine by additional $34mln

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...

Published

Archie Hunter

June 24, 2019

12:15 GMT

London