Nyrstar Announces Interim Management Statement for the Third Quarter and Nine Months of 2014; Maintains Production Guidance and Provides CapEx Guidance for the Full Year 2014
For the nine months, continued solid operational performance for Metals Processing with zinc market metal production of 821,000 tonnes, up 4% quarter-on-quarter. Metals Processing produced approximately 32 tonnes year-to-date. Year-on-year for the first nine months there was an 8% increase in total production of zinc in concentrate including deliveries from Talvivaara under the zinc streaming agreement.
For the year 2014, the company maintains own mine zinc production guidance of 280,000-310,000 tonnes. The company expects production for lead, copper and silver of 15,000-18,000 tonnes, 12,000-14,000 tonnes and 4,750,000-5,250,000 troy ounces respectively. The company expects gold production to be 65,000-70,000 troy ounces.
The company expects group CapEx to be EUR 260 million to EUR 295 million for the year 2014.