Boliden’s fourth quarter: Stable production, lower grades and metal prices
Boliden’s revenues for the fourth quarter of 2018 totalled SEK 12,543 m (13,619), and the operating profit was SEK 2,093 m (3,091). The revenues and operating profit for the year as a whole were SEK 52,454 m (49,531) and SEK 9,004 m (9,015), respectively.“The end of a strong year was characterised by stable production on the part of both of our business areas. Grades were lower than the very high levels seen last year at several of our mines. However, metal production at our smelters was slightly higher than last year,” says Boliden’s President & CEO, Mikael Staffas. Boliden Mines’