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New Century Resources officially reopens Century zinc mine

New Century Resources (ASX: NCZ) is celebrating the revival of its flagship Century zinc mine in Queensland’s Gulf of Carpentaria, which it hopes will become the world’s fourth-largest zinc operation at full production.

Friday marked the official reopening of the mine, which has been under rehabilitation since it was acquired by New Century more than a year ago. Attendees of the formal event included Minister for Resources and Northern Australia Matt Canavan and Queensland crossbencher Bob Katter.

The refurbishment of the mine was planned in two stages. Hydraulic mining operations officially commenced in early August for phase one, which focused on the initial restoration of the processing plant’s southern flotation train and supporting infrastructure to bring capacity up to 8 million tonnes per annum.

The resulting tailings and zinc concentrate production will be exported via the company’s port facility at Karumba in northern Queensland.

The second phase, due for completion in the 2019 fourth quarter, involves refurbishing the plant’s northern train and infrastructure to progressively ramp up production to 15Mtpa. Read more…

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