Pasminco loss widens, but operations improving

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.

Pasminco loss widens, but operations improving Pasminco loss widens, but operations improving Pasminco loss widens, but operations improving Pasminco loss widens, but operations improving Pasminco loss widens, but operations improving

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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