Boliden plunges on Q2 earnings miss
** Shares in Boliden BOL.ST fall almost 9% after theSwedish mining company reported its Q2 earnings belowthe forecast
** It posts Q2 EBIT of 4.81 billion Swedish crowns ($451.35 million) against the LSEG estimate of SEK 4.95 billion
** It says the decision to reopen Tara, which resulted in an impairment of SEK 358 million, and insurance income have hit its results
** It also cites the inflationary pressure on inflation costs
** "The weak operating performance from the mining segment will likely drive downgrades to consensus forecasts" RBC says
** The operating profit in the segment, which came at 1.1 billion crowns, was 45% below the company-compiled consensus, the broker says
($1 = 10.6415 Swedish crowns)
Reporting by Agnieszka Oleńska
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