Thursday, May 17, 2007

Perilya Cuts Zinc, Lead Output Forecasts After Death at Broken Hill Mine

(Bloomberg) -- Perilya Ltd., an Australian zinc and lead mining company, cut its production forecasts for the metals after operations at its Broken Hill mine were disrupted earlier this year.

Zinc production at the mine will be about 90,000 metric tons be for the year ending June 30, down from an earlier estimate of between 100,000 and 105,000 tons, the Perth-based company said in a statement to the Australian Stock Exchange today. Lead production will be 60,000 tons, it said.


Read more at Bloomberg Commodities News

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