While higher metal prices increased revenues by $97.6 million, the appreciation of the Australian dollar wiped off $152 million.
The Australian currency averaged US68.
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date:12/10/2020
location:Virtual Event
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Mining Journal Select 365: Mining. Investment. Online.
date:22/02/2021
location:Sofitel, Sydney, Australia
Exceptional investment opportunities selected by Mining Journal
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DEBT-laden lead and zinc miner Pasminco failed to cash in on rising commodity prices in the December half, with the strong Australian dollar wiping out price gains.
While higher metal prices increased revenues by $97.6 million, the appreciation of the Australian dollar wiped off $152 million.
The Australian currency averaged US68.
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