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Nyrstar NV

Publié le 24 novembre 2014

announces temporary suspension of mining and milling activities at Campo Morado mine

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Mots clés associés :   Europe | G Mexico | Precious Metals | Zinc |
   

Published: 07:00 CET 24-11-2014 /GlobeNewswire /Source: Nyrstar / : NYR /ISIN: BE0003876936

Nyrstar announces temporary suspension of mining and milling activities at Campo Morado mine

24 November 2014

 

Nyrstar NV ("Nyrstar" or the "Company") today announced that mining and milling activities at its Campo Morado mine in Mexico are temporarily suspended due to a blockade of the mine by the local CTM Trade Union.

The mine entrance was illegally blockaded by union activists and the action is preventing all mining and milling activities at the mine.

As a consequence of the blockade and the associated industrial action Nyrstar has taken the decision to withdraw employees from the site for their safety and temporarily suspend mining and milling operations. Certain activities related to site maintenance, environmental safeguards and site security will continue during the suspension.

Nyrstar is continuing its dialogue with the local and federal CTM Union and other stakeholders to reach a satisfactory conclusion.

The suspension will have an impact on Q4 2014 mining production volumes and the Company cannot at this stage advise when exactly the temporary suspension of operations will end.

Campo Morado produced approx. 19,000 tonnes of zinc in concentrate in the first nine months of 2014.

 

- end -

About Nyrstar

Nyrstar is an integrated mining and metals business, with market leading positions in zinc and lead, and growing positions in other base and precious metals; essential resources that are fuelling the rapid urbanisation and industrialisation of our changing world. Nyrstar has mining, smelting, and other operations located in Europe, the Americas, China and Australia and employs approximately 6,500 people. Nyrstar is incorporated in Belgium and has its corporate office in Switzerland. Nyrstar is listed on NYSE Euronext Brussels under the symbol NYR. For further information please visit the Nyrstar website, www.nyrstar.com

 

For further information contact:

Anthony Simms

Group Manager Investor Relations

T: +41 44 745 8157

M: +41 79 722 2152

 

E:anthony.simms@nyrstar.com

 

 

Greg Morsbach

Group Manager Corporate Communications

T: +41 44 745 8295

M: +41 79 719 2342

 

E:greg.morsbach@nyrstar.com

 

 

 

The full press release can be downloaded from the following link:




Press Release (English)
Press Release (Dutch)
Press Release (French)




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Nyrstar NV

PRODUCTEUR
CODE : NYR.BE
ISIN : BE0003876936
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Nyrstar est une société de production minière de zinc et d'argent basée en Belgique.

Nyrstar est productrice de zinc, d'argent, de cuivre, d'or et de plomb au Mexique et au Perou, et détient divers projets d'exploration au Mexique.

Ses principaux projets en production sont CORICANCHA au Perou et G-9 CAMPO MORADO au Mexique et ses principaux projets en exploration sont CAMPO MORADO, EAST TENNESSEE et MIDDLE TENNESSEE au Mexique.

Nyrstar est cotée en Allemagne. Sa capitalisation boursière aujourd'hui est 459,4 millions €UR (588,4 millions US$, 400,0 millions €).

La valeur de son action a atteint son plus haut niveau récent le 24 juin 2005 à 2,70 €UR, et son plus bas niveau récent le 28 novembre 2008 à 0,38 €UR.

Nyrstar possède 935 640 000 actions en circulation.

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