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Jan 18, 2021

Gulf zinc operation hits production milestone

Gulf zinc operation hits production milestone New Century port manager Greg O’Shea and Carpentaria Shire Councillor Peter Wells, standing with the MV Wunma containing the 500,000th zinc concentrate tonne produced.

New Century Resources is celebrating a major milestone, producing its 500,000th tonne of zinc concentrate since restarting operations at the Century mine site in August 2018. The company also announced that it had executed a zinc price hedging program for the remainder of this financial year, securing contracts to guarantee a floor price of $US1.20/lb…

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