Talvivaara further in the red

Finnish mining group Talvivaara posted wider losses for the last six months yesterday, sending its shares 6.9 per cent lower in spite of a rise in production. The London-listed company posted an operating loss of €43.8m (£37.4m), compared to €22.3m a year ago. Talvivaara said it was able to restart operations in May, following stoppages due to flooding, helping deliver 4,508 tones of nickel and 7,598 tonnes of zinc.