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New Century

Jan 15, 2020
New Century passes cattle business to Waanyi group

New Century passes cattle business to Waanyi group

Zinc miner New Century Resources has divested its interest in the Lawn Hill and Riversleigh Pastoral Holding Company for $9.8 million. The miner’s 49 per cent stake is being acquired by the Waanyi SPC, current holders of the controlling 51 per cent interest in the business and corporate representative of the Waanyi People. New Century… This content is for iQ Industry Queensland, iQ Co...

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Oct 24, 2019
New Century completes key component in ramp-up plan

New Century completes key component in ramp-up plan

New Century Resources has taken another major step in boosting processing capacity, bringing an upgraded scavenger circuit online. The company said it had started slurry commissioning of the circuit, allowing the full capacity of this section of the processing plant to be incorporated into operations for the first time. The scavenger circuit upgrade was delivered… This content is for iQ Ind...

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Oct 08, 2019
Upward trend continues for New Century

Upward trend continues for New Century

New Century Resources has recorded a 28 per cent increase in zinc metal output during the September quarter as it continues the ramp-up at Century mine. It produced 26,171 tonnes of zinc metal in 53,500 tonnes of concentrate for the quarter through the lower Gulf region tailings reprocessing operation. Its main focus has been upgrading… This content is for iQ Industry Queensland, iQ Coal, i...

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Sep 11, 2019
New Century zinc production continues to climb

New Century zinc production continues to climb

New Century Resources is hitting new highs in zinc production, lifting average daily metal production rates at Century mine by more than 30 per cent from May through August 2019. This content is for iQ Industry Queensland, iQ Coal, iQ Civil, iQ Geo, iQ Mining North, iQ Miner’s Life, iQ Rockhampton, iQ Coal and Mining North, iQ Coal and iQ Geo, iQ Civil and iQ Coal, iQ Civil and Mining Nort...

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Aug 22, 2019
Royalties relief to encourage Century growth

Royalties relief to encourage Century growth

The Palaszczuk Government will supercharge the ramp up of the $150 million Century Zinc Mine, supporting more than 260 construction and 240 operational roles, after negotiating a royalty deferral agreement with miner New Century Resources. This is the first Royalty Deferral and Repayment Agreementto be negotiated under the Resources Regional Development Framework (RRDF) and will… This conte...

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Aug 12, 2019
Processing milestone in New Century ramp-up

Processing milestone in New Century ramp-up

New Century Resources is running slurry through cleaners 2B, 3B and 4B at its processing plant as it ramps up to become a 12Mtpa operation. Commissioning the units will allow the full cleaner circuit of the Century zinc mine processing plant to be incorporated into New Century’s tailings reprocessing operations for the first time. The… This content is for iQ Industry Queensland, iQ Co...

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Aug 07, 2019
New Century readies itself for a base metals recovery

New Century readies itself for a base metals recovery

New Century Resources continues to make headway towards becoming a world Top 10 ten zinc producer despite headwinds. The company is processing tailings at the Gulf of Carpentaria site produced by Century Mine. The mine was owned by Pasminco, MMG, Oz Minerals and Zinifex over its 16-year life, where it produced an average 475,000tpa zinc… This content is for iQ Industry Queensland, iQ Coal, ...

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Aug 02, 2019
Successful fundraising move to boost Century zinc output

Successful fundraising move to boost Century zinc output

New Century Resources has successfully completed a fully underwritten institutional placement to raise about $42.5 million towards ramping up its Century output. The company said a total of 128.8 million shares would be be issued under the placement at an issue price of A$0.33. The placement was oversubscribed after receiving support from a range of… This content is for iQ Industry Queensla...

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Aug 01, 2019
New Century fundraising to double plant capacity

New Century fundraising to double plant capacity

New Century Resources has announced a $42.5 million capital raising to fund plans to double plant capacity at the Century zinc mine. The share placement plan was announced today, at the same time as a trading halt. It comes as the company reports steady progress in the ramp-up at the Century tailings reprocessing operation in… This content is for iQ Industry Queensland, iQ Coal, iQ Civil, i...

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