Reports Q1 revenue $276.3M vs. $338.8M last year. The company said, "Our diversified portfolio continues to generate strong cash flows and high margins. The Q1 was impacted by production disruptions at Cobre Panama and Antapaccay as well as lower energy prices. Stronger precious metal deliveries are anticipated in Q2 with both assets having returned to normal operations." "Cobre Panama’s CP 100 Expansion is on-track for year-end and we look forward to initial contributions from Magino, Seguela and Salares Norte during the year", commented Paul Brink, CEO.
Published first on TheFly
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