Brief: Afarak Reports Lower Production In Q3

Afarak SE

29/10/2021 13:12

Oct 29 (Reuters) - Afarak Group Plc  AFAGR.HE :
    * OVERALL AFARAK GROUP PRODUCTION DURING Q3 OF 2021 WAS
LOWER
COMPARED TO SAME QUARTER OF PRIOR YEAR, MAINLY DUE TO DIVESTMENT
OF MAJOR SOUTH AFRICAN ASSETS
    * TURKISH MINES CONTINUED TO INCREASE THEIR MINING ACTIVITY
DURING
Q3 OF 2021 BY 14.5%, WHEN COMPARED TO LAST YEAR
    * IMPROVED MARKET CONDITIONS AS WELL AS HIGHER DEMAND,
RESULTED IN
A SIGNIFICANT INCREASE IN PRODUCTION VOLUMES AT EWW PROCESSING
PLANT IN GERMANY DURING Q3 OF 2021

Source text for Eikon:  ID:nGNE8hx5fL 
Further company coverage:  AFAGR.HE 

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