Total refurbishment and commissioning costs for the Century restart were in line with estimates in the restart feasibility study.
Base metal development company New Century Resources (ASX:NCZ) has announced the commencement of operations at the Century zinc mine in Queensland, Australia, with the initiation of hydraulic mining operations at the site.
According to the Wednesday (August 8) release, total refurbishment and commissioning costs for the Century restart were in line with estimates in the restart feasibility study. The company will release a further monthly development update at the end of August which will provide a more detailed report of the restart activities.
New Century Managing Director Patrick Walta said:
“It is a fantastic achievement by the New Century team and our business partners to deliver the restart of operations at Century both on time and budget. We are now focused on the next phase of Century development, ramping up operations to become one of the world’s top zinc producers.”
Click here to read the full New Century Resources (ASX:NCZ) press release.
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Scott has a Master's Degree in journalism from the University of Melbourne and reports on the resources industry for INN.
Scott has experience working in regional and small-town newsrooms in Australia. With a background in history and politics, he's interested in international politics and development and how the resources industry plays a role in the future.
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Scott has a Master's Degree in journalism from the University of Melbourne and reports on the resources industry for INN.
Scott has experience working in regional and small-town newsrooms in Australia. With a background in history and politics, he's interested in international politics and development and how the resources industry plays a role in the future.
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