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Consolidated Zinc: First Plomosas Ore Shipped for Sale
Sep. 20, 2018 08:26AM PST
The Company plans to deliver 100 tonnes per day to the Santa Eulalia concentrator for the rest of this month for processing.
Consolidated Zinc (ASX:CZL) has announced that the first shipment of ore left its high-grade Plomosas zinc-lead-silver project in Mexico on 20 September 2018. First revenues are expected in October-November.
The company said it plans to deliver 100 tonnes per day to the Santa Eulalia concentrator for the rest of this month for processing. Thereafter the Plomosas mine will scale up operations in order to deliver feed to the concentrator at or above 10,000 tonnes per month within nine months.
CEO of Consolidated Zinc, Brad Marwood said:
“We are very pleased that our Mexican team established mining operations on-time, under budget and in a safe manner. There is great potential at Plomosas and this cashflow from early production has created the financial means to begin unlocking that potential”.
Click here to read the full Consolidated Zinc (ASX:CZL) 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.
Learn about our editorial policies.