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zinc

Apr 21, 2020
IGO acquires major stake in Century zinc operator

IGO acquires major stake in Century zinc operator

Perth-based mining company IGO Limited is investing up to $27 million to take an 18.4 per cent stake in Century zinc mine owner New Century Resources. It is part of a $51.1 million capital raising by New Century, which will use the funds as general working capital as it enters the final stages of a… This content is for iQ Industry Queensland, iQ Coal, iQ Civil, iQ Geo, iQ Mining North, iQ M...

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Apr 16, 2020
Century ramps up against tightening zinc market

Century ramps up against tightening zinc market

New Century Resources is successfully ramping up production at its Century tailings retreatment site at a time when a host of other zinc mines have had operations halted or interrupted. The company says its operations are well positioned to maintain continuity of supply into a rapidly tightening market due to severe supply cuts andstrong concentrate… This content is for iQ Industry Queensla...

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Feb 21, 2020
New Century brings full plant capacity online

New Century brings full plant capacity online

New Century Resources has completed a key processing plant upgrade ahead of schedule and will ramp up its throughput from 9Mtpa to 12Mtpa over the next few months. In addition to the rougher circuit upgrade, the company is bringing a fourth mining cannon online as part of the expansion at the Century zinc operation in… This content is for iQ Industry Queensland, iQ Coal, iQ Civil, iQ Geo, i...

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Jan 20, 2020
New Century zinc ramp-up on track in 2020

New Century zinc ramp-up on track in 2020

New Century Resources is continuing its march towards becoming a Top 10 global producer, with a seven per cent lift in zinc production last quarter. Focus for the latter part of 2019 was on commissioning and stabilisation of the upgraded scavenger circuit within the processing plant at the company’s Century zinc operation in the lower… This content is for iQ Industry Queensland, iQ Co...

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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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