New Century: First Zinc Concentrates Stockpiled for Export at Karumba

The stockpiling of concentrate represents the first utilization of the Karumba port facility for zinc production since the Century Zinc mine was put on care and maintenance in Q1 2016.

New Century Resources (ASX:NCZ) has announced the initiation of zinc concentrate stockpiling in the company’s concentrate storage shed at the Karumba port on the Gulf of Carpentaria.

According to the company, the stockpiling of concentrate represents the first utilization of the Karumba port facility for zinc production since the Century Zinc mine was put on care and maintenance in Q1 2016.

As highlighted in the press release:

Successful zinc concentrate pumping through the entire 304km slurry pipeline
First concentrate received, dewatered and stockpiled at the Karumba port facility
First revenue from concentrate sales in September 2018
New Century remains on track for first shipment of concentrate in Q4 2018

Click here to read the full New Century Resources (ASX:NCZ) press release.

Scott Tibballs

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.