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Australia Investing
New Century: First Shipments in October
Oct. 02, 2018 09:23AM PST
According to the release, the first shipments of zinc, direct to China are scheduled for the end of October.
New Century Resources (ASX:NCZ) has released an update on operational ramp up activities at the Century zinc mine during September 2018.
According to the release, the first shipments of zinc, direct to China are scheduled for the end of October.
As highlighted in the press release:
- Revenue of AU$27.2M from zinc concentrate sales generated in September via: AU$9.8M from production of 7,000t of zinc concentrate to date and AU$17.4M from the forward sale of 13,000t of October production
- First concentrate shipment direct to China scheduled for the end of October 2018
- Hydraulic mining and processing plant performance ramp up tracking to schedule
- Successful operational restart of the slurry pipeline and port facility
- MV Wunma due for imminent arrival back in Karumba in readiness for first shipment
- AU$40M debt facility with National Australia Bank nearing completion
Click here to read the full New Century Resources (ASX:NCZ) 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.