The new forecast takes into consideration the stronger operating performance for the firm, and also includes fourth-quarter scheduled mill maintenance at its mine in Kittila, Finland, lowered operations at LaRonde in northwest Quebec and Creston Mascota in northern Mexico and the expectation of a lower grade cycle at Meadowbank.
Most of them in a context of an expanded vision of basic education for all that should go from one year of pre-primary across to the lower secondary school cycle.
In the worst case this can lead to a vicious cycle of lower budgets, limited squads, poor results and lower attendances bringing in less revenue through the turnstiles.