World’s biggest zinc producer exploring total exit from mining
Nyrstar is also considering to cut global zinc concentrate supply by up to a further 400,000 tonnes if the slump in commodity prices continues.
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Richemont’s 1H revenue +15%, jewelry sales +18%
Richemont reported that revenue rose 15 percent year on year to $6.25 billion (EUR 5.82 billion) for the six months that ended on September 30, on the back of strong jewelry sale figures. The luxury group’s gross margin dropped one percentage point to 65 percent. Still, gross profit increased 13 percent to $4.07 billion.Sales at Richemont’s jewelry brands.
