In the quarter ended Jun30/09, while total ore mined and milled at at Galmoy mine were significantly less than the second quarter of 2008, metal production exceeded the second quarter of the previous year owing to higher head grades being mined and processed. The cash cost per pound of payable zinc sold decreased significantly. Overall lower operating costs and improved head grades were the primary factors for this change.
January 22, 2009
Reported that the mine in Ireland is to permanently cease production in May 2009. This decision has been taken against a background of depressed zinc prices.
Research - Professional or Research - Advanced Subscriber Access Required
