Boliden's profit halves as strikes, bad weather weigh

Swedish miner Boliden's first-quarter operating profit fell more than 50% as bad winter weather, lower mining grades and labour strikes weighed on earnings, it said on Tuesday. Operating profit fell 52% to 1.62-billion Swedish crowns ($148.80-million) from 3.41-billion in the first quarter of 2023 and compared with the 1.55-billion crowns expected by analysts in an LSEG poll.