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zinc

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… ...

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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… ...

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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… ...

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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… ...

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Jul 09, 2019
Zinc continues to shine at Century

Zinc continues to shine at Century

New Century Resources is reporting a 15 percent growth in overall mining rate at its Gulf of Carpentaria operations. Expansion to three hydraulic mining cannons was the main focus of June quarter ramp up activities, with the third cannon and associated infrastructure commissioned and operational from May, said Managing Director Patrick Walta. The company is… ...

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Jun 26, 2019
Century mining expansion study yields positive results

Century mining expansion study yields positive results

An expansion study shows New Century Resources would add seven years to the zinc operation’s mine life through a proposal to start open-cut mining in addition to its tailings reprocessing operations. A feasibility study is now underway, planned for completion end of the third quarter of the 2020 financial year, towards the decision on whether… ...

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Jun 25, 2019
Red River turns focus to next Thalanga project area

Red River turns focus to next Thalanga project area

Base metals producer Red River Resources has started a 5000m drill program at the Liontown project within its Thalanga operations, south-west of Charters Towers. The Liontown project is Red River’s largest mineral resource at Thalanga, estimated at 3.6Mt at 10 per cent zinc. The company presently mines from the West 45 deposit at Thalanga and… ...

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Jun 05, 2019
Verdict near on new mine potential at Century site

Verdict near on new mine potential at Century site

New Century Resources plans to release results this month from an expansion prefeasibility study for open-cut mining at its Lawn Hill site, 250km north-west of Mount Isa. The company has been ramping up its operations at the Century mine site, where it is using hydraulic mining to recover zinc from tailings produced by previous mining… ...

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Apr 15, 2019
New Century ramp-up continues

New Century ramp-up continues

New Century Resources is continuing to ramp up zinc operations at the Century mine in North-West Queensland, reporting an average zinc recovery rate of 50 per cent in the plant for March 2019. Recovery rates peaked at 54 per cent – which is 86 per cent of the design target. The site produced 18,170 tonnes… ...

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