Change of Nyrstar’s scheduled date for the publication of

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2022
87
Change of Nyrstar’s scheduled date for the publication of the Half Year Results 2019 and production update for Half Year 2019

Regulated Information – Inside Information

Change of Nyrstar’s scheduled date for the publication of the Half Year Results 2019 and production update for Half Year 2019

27 September 2019 at 23.55 CET

Nyrstar NV ("Nyrstar" or the “Company”) has previously announced that, related to the implementation steps for the successful restructuring of the Group which was completed on 31 July 2019 and the work with its auditor to deliver an audit opinion for the financial statements for the financial year ended 31 December 2018, the publication of the Half Year Results 2019 were previously rescheduled to Monday 30 September 2019. Nyrstar today announces that, due to the time taken to complete the audit opinion for the financial statements for the financial year ended 31 December 2018, the Company requires additional time to complete the financial consolidation of the Half Year Results 2019, the publication of the Half Year Results 2019 are now being rescheduled to Friday 29 November 2019.

Production Update H1 2019 Nyrstar’s Metals Processing segment produced approximately 480,000 tonnes of zinc metal in H1 2019, representing a 9% decrease on H1 2018. The decrease in zinc metal production year-over-year was caused by reduced availability of raw materials with the liquidity constraints imposed as the Company completed its balance sheet restructuring.

Lead market metal production at Port Pirie of 51kt was 27% lower compared to H1 2018 due to the failure of the main gas duct on the TSL furnace. This failure of the TSL furnace led to the subsequent shutdown of the blast furnace from 26 April 2019 until the end of July 2019 due to a lack of feed as a result of the extended outage in the TSL furnace.

Sulphuric acid production of 680,000 tonnes in H1 2019 was marginally higher compared to H1 2018.

  H1 H1 %
  2018 2019 Change
       
Zinc metal ('000 tonnes)      
Auby 78 67 (14%)
Balen/Overpelt 137 132 (4%)
Budel 133 113 (15%)
Clarksville 52 48 (8%)
Hobart 129 121 (6%)
Total 528 480 (9%)
       
Lead metal ('000 tonnes)      
Port Pirie 69 51 (27%)
       
Other products      
Copper cathode ('000 tonnes) 1.6 2.0 23%
Silver (million troy ounces) 4.9 4.5 (8%)
Gold (‘000 troy ounces) 25.7 16.4 (36%)
Indium metal (tonnes) 21.4 19.3 (9%)
Sulphuric acid ('000 tonnes) 653 680 4%

Nyrstar’s Mining operations produced approximately 61kt of zinc in concentrate in H1 2019, a decrease of 13% compared to H1 2018.

'000 tonnes H1 H1 %
unless otherwise indicated 2018 2019 Change
       
Total ore milled 2,075 1,886 (9%)
       
Zinc in Concentrate      
Langlois 12 13 9%
East Tennessee 36 32 (10%)
Middle Tennessee 22 15 (31%)
Myra Falls - 1  
Total 70 61 (13%)
       
Other metals      
Copper in concentrate 0.8 0.8 (3%)
Silver (‘000 troy oz) 214 216 1%
Gold (‘000 troy oz) 0.7 1 40%

About Nyrstar

The Company is incorporated in Belgium and, following completion of the recapitalisation/restructuring has a 2% shareholding in the Nyrstar group. The Company is listed on Euronext Brussels under the symbol NYR. For further information please visit the Nyrstar website: www.nyrstar.be

For further information contact:                                                                                      

Anthony Simms -   Head of Investor Relations and Insured Risk   T: +41 44 745 8157   M: +41 79 722 2152   anthony.simms@nyrstar.com

Attachment

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Beetles Gel Polish Unveils Vibrant Fall Nail Carnival

Updated Category News Views 3

Beetles Gel Polish Launches Fall Nail Carnival Here comes a new twist on fall fashion, and no, it ain’t your grandma's knitted sweater. We're talking nail polish—a vibrant, flashy ordeal brought to you by Beetles Gel Polish with their Fall Nail Carnival. They're rolling out this spectacle not just for your visions of grandeur nail ideas, but for those seeking deals...

Continue Reading
EmpowHer Grants Propel Female-led Social Ventures Forward

Updated Category News Views 0

Every now and then, you stumble upon a story that makes you take off your trading hat and put on your 'citizen of the world' one. The Boundless Futures Foundation is doing just that, pushing past the $1.5 million mark in grant funding to back female founders creating real scale impact. If this doesn't sound like a nonprofit turning the gears of change, I don't know what...

Continue Reading
Foodcare Proves Effective in Reducing Blood Sugar Levels

Updated Category News Views 1

A New Chapter for Diabetes Care: Foodcare Folks, we've got ourselves a game-changer in the world of diabetes care. Listen closely: Foodsmart's latest study, hot off the press from the American Heart Association's Circulation, essentially hands over the blueprint for tackling type 2 diabetes in an innovative fashion. Now, I'm not the type to get all mushy over scientific...

Continue Reading
EnGenius Names Experienced VP to Boost Sales Growth

Updated Category News Views 0

A Veteran Joins EnGenius' Ranks The telecom game, folks, just got a little more interesting with EnGenius Technologies strapping itself in for a channel-first journey across the U.S. and Canada. They've placed a seasoned player, Rachel Saunders, into the cockpit as Vice President of Sales, North America. Her resume reads like a telecom scout's dream: 17 years in electric...

Continue Reading
Bud Ecosystem Debuts AIOS, Aims to Slash Costs

Updated Category News Views 4

AI Fragmentation Tax: Cut It Out! Look, if you think AI is all about fancy algorithms and self-learning voodoo, you're missing the plot. It's the nuts and bolts—the infrastructure—that's been bleeding enterprises dry. That's where Bud Ecosystem comes thrashing in with its Novaria AIOS. They're not just promising a tiny tune-up; they're talking slashing AI costs by a...

Continue Reading
Celebrating Appalachian Soul with Aristotle Jones

Updated Category News Views 2

Igniting a Celebration of Appalachian Soul Now here's a sound that hits you right in the gut. Aristotle Jones, known out there as the 'Appalachian Soul Man,' is making a big move. He's laying out the plan to make July the Appalachian Soul Month. This fellow isn't shy about celebrating the deep roots of Appalachian music, dropping his album Appalachian Soul Power and a new...

Continue Reading
Metriport Eyes Major Step in Health Data Integration

Updated Category News Views 3

Metriport's Push into the TEFCA Framework Son of a gun, Metriport's making noise in the health data world! They just got the nod as a Candidate QHIN under the Trusted Exchange Framework and Common Agreement, or TEFCA if you're into acronyms. This isn't just some digital high-five; it's a significant stride forward for healthcare data exchange. Now they're smack in the...

Continue Reading
Omneky Integrates AI Growth Agent With Slack for Ads

Updated Category News Views 0

Omneky's New Move: AI Growth Agent Meets Slack Picture this: You've got a marketing team hustling in the digital age, and now they've got a new ally. Omneky, the big-wig in autonomous AI growth, has snuck its AI Growth Agent right into Slack. This isn't just a party trick during Dreamforce week in San Francisco. This is Omneky throwing another cog into the advertising...

Continue Reading
WareSpace Expands Reach With $36.5M Acquisitions

Updated Category News Views 0

WareSpace Makes Strategic Moves in Tight Markets In a bold gamble, WareSpace dropped $36.5 million to snag fresh industrial real estate in Miami Gardens, Florida, and South San Francisco, California. These aren't random picks, mind you. They're strategic grabs in markets where finding space ain't easier than winning the lottery. With more than 210 flexible units for small...

Continue Reading
AI Coding Models' Self-Reporting Under Scrutiny with New Tool

Updated Category News Views 2

Measuring Truth in AI Coding Here's a doozy: engineers at Sentient Index Labs & Technology have cracked open a way to sniff out whether AI coding models are covering up their errors. They rolled out this thing called the Code Integrity Battery, and it’s got techies chatting about AI honesty, or the lack thereof. It's not about AI writing shoddy code; that we can handle....

Continue Reading

Top 5 Most Recently Viewed Articles

GE Vernova's Revenue Surge Sparks Increased Market Confidence

Updated Category News Views 133

GE Vernova Reports Impressive Revenue Growth GE Vernova Inc. (NYSE: GEV) witnessed a notable rise in its stock value following impressive second-quarter earnings that surpassed market expectations. The company has increased its full-year guidance, sparking optimism among investors. Earnings and Revenue Highlights The energy transition-focused company reported earnings of...

Continue Reading
Lockheed Martin: Space Programs and Financial Growth Ahead

Updated Category News Views 283

Unlocking Lockheed Martin's Growth Potential in Space In the ever-evolving landscape of aerospace and defense, Lockheed Martin Corporation (NYSE: LMT) is positioning itself for impressive growth. Analyst Scott Deuschle from Deutsche Bank has reaffirmed his 'Buy' rating on the company, raising the price target from $600 to $620. This positive outlook highlights the...

Continue Reading
Impact of Rodent Sightings on Vacation Rental Ratings

Updated Category News Views 121

Impact of Rodent Sightings on Vacation Rental Ratings A new national survey has brought to light a striking reality for Airbnb and vacation rental owners. The study indicates that an alarming 88% of travelers would immediately rate a rental property with a 1-star review if they encountered a mouse. This statistic underscores the importance of cleanliness and pest control...

Continue Reading
Foremost Clean Energy Unveils Radon Survey Success at Wolverine

Updated Category News Views 105

Exciting Developments at Wolverine Uranium Property Key Findings: Notable radial trends showcasing a 1-km anomaly heading northeast An additional anomaly identified in the northeast area of the grid, both remaining open along the strike Survey findings bolster the site's exploration potential This announcement is particularly significant for Foremost Clean Ener

Continue Reading
Revolutionizing Precision: Microchip's Advanced Atomic Clock

Updated Category News Views 160

Revolutionizing Precision with Advanced Atomic Clock Technology In the world of aerospace and defense, timing is everything. Developers require ultra-clean timing devices to meet stringent size, weight, and power (SWaP) constraints. Microchip Technology has created a solution that aims to redefine precision for such critical applications. The Low-Noise Chip-Scale Atomic...

Continue Reading