New Century Resources: Ramping up
SINCE acquiring the Century Zinc mine from MMG in 2016, New Century Resources has brought the site back into production and is set to ramp up to 12mtpa by March 2020. The focus has been on the existing ore reserves to produce zinc in the lowest cost quartile globally – with substantial mineral resources on the mining leases (including more than 2,200,000t of JORC compliant zinc metal equivalent resources located within mineralised tailings, and around 1,000,000t of JORC compliant zinc and lead resources in the Silver King, South Block and East Fault Block base metal deposits) offering a the potential for mine life extension and metal production increases from the mine’s operations. The mine concentrate continues to achieve relatively low…