- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Red River Resources Limited (ASX: RVR) (“Red River” or the “Company”) is pleased to announce that first payment has been received for the sale of zinc concentrate from its Thalanga Mine (“Project” or “Thalanga”), Australia’s newest zinc mine, in Queensland. This follows the commencement of concentrate production at Thalanga on 8 September 2017. As quoted …
Red River Resources Limited (ASX: RVR) (“Red River” or the “Company”) is pleased to announce that first payment has been received for the sale of zinc concentrate from its Thalanga Mine (“Project” or “Thalanga”), Australia’s newest zinc mine, in Queensland. This follows the commencement of concentrate production at Thalanga on 8 September 2017.
As quoted in the press release:
Zinc and lead concentrates from Thalanga are sold under an offtake agreement to Trafigura Pte Ltd. The Offtake Agreements are in respect of 122,000 dry metric tonnes of zinc concentrate and 27,400 dry metric tonnes of lead concentrate, with pricing being determined by reference to the applicable metal prices on the London Metal Exchange at the time of shipment. The concentrate tonnage is expected to be shipped in the first 36 months following commencement of commercial production. Under the terms of the Offtake Agreements, zinc and lead concentrates are trucked approximately 200km to the Port of Townsville, for onward delivery to customers.
Latest News
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.