CAPITAL MARKETS

Nigerian zinc miner Symbol calls in administrators

THREE years after its forerunner fell into administration, Symbol Mining has made the same call, with Pitcher Partners being handed the keys to run the struggling “high margin” zinc and lead producer in Nigeria.

 Nigeria has not proved a happy hunting ground for Symbol

Nigeria has not proved a happy hunting ground for Symbol

The demise follows Symbol starting operations at the 60%-owned Macy mine in mid-2018 and making its first shipment of a DSO zinc product in December. Production-wise, the aim had been to reach output...

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