New Century Reinstates Dredging at Karumba Port

Base Metals Investing

New Century Resources has announced that annual dredging at the Port of Karumba on the Gulf of Carpentaria has recommenced, as part of the scheduled operational restart of the Century zinc mine in northern Queensland.

New Century Resources (ASX:NCZ) has announced that annual dredging at the Port of Karumba on the Gulf of Carpentaria has recommenced, as part of the scheduled operational restart of the Century zinc mine in northern Queensland.

The dredging activities are the first since early 2016.

As highlighted in the press release:

Dredging program to bring the channel back to 3.2m depth, allowing transshipment of zinc concentrate from Karumba to bulk cargo export vessels 20km offshore.
Annual dredging to provide significant third-party port user benefits for local industry including cattle export and commercial shipping.
Century remains on track for operations in Q3 2018, with plant commissioning scheduled for July 2018 and first zinc concentrate production in August 2018.