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Red River Aiming to Take Advantage of Century Mine’s Closure
Nov. 13, 2014 11:51AM PST
Base Metals Investing Red River Resources Ltd. (ASX:RVR) announced an integrated strategy for its Thalanga operations in Central Queensland, commenting that its goal is to restart production by the end of 2015.
Red River Resources Ltd. (ASX:RVR) announced an integrated strategy for its Thalanga operations in Central Queensland, commenting that its goal is to restart production by the end of 2015.
As quoted in the press release:
A production restart by end CY2015 will position Red River to benefit from any positive impact on the zinc price flowing from MMG’s Century Zinc operations ceasing production in 3Q CY2015. If Red River restarts production at the Thalanga Operations by end CY2015 the Company will be the largest ‘pure play’ zinc producer listed on the ASX.
Click here to read the full Red River Resources Ltd. (ASX:RVR) press release.