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Smelter stumble means weak quarter for Boliden

A weak performance by Boliden’s smelting division saw the Swedish miner deliver lower than expected earnings in the June quarter.

Smelter stumble means weak quarter for Boliden Smelter stumble means weak quarter for Boliden Smelter stumble means weak quarter for Boliden Smelter stumble means weak quarter for Boliden Smelter stumble means weak quarter for Boliden

Boliden's Aitik copper mine, located just south of Gällivare in northern Sweden (photo credit: Lars deWall)

Boliden reported earnings of SEK 8.00/share, 10% below consensus estimates.

The company said the lower smelter volumes were down to lower feed grades and maintenance at Kokkola in Finland.

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