New Century Resources flags continued record zinc production from Century mine operations

Company News

by Anna Napoli

New Century Resources (ASX:NCZ) has flagged record quarterly zinc production from its Century mine, with June 2019 quarter totalling 20,450 tonnes.

The miner says it's had a strong exit rate performance over the quarter, with record monthly zinc production for June and record weekly zinc production during first week of July.

A recovery growth trend re-established during June, with recoveries up to 48 per cent in July to date and improvement continuing as plant stabilises at ~8 Mt per annum.

New Century maintains its September quarter guidance of 23,000 tonnes to 29,000 tonnes zinc metal.

Shares in New Century Resources (ASX:NCZ)  are trading 2.6 per cent higher at $0.40.

Anna Napoli

Finance News Network
Anna joined FNN February 2018 and also works with Channel 7 as a freelance producer. Anna has also worked as a lawyer and lecturer. She has also presented news updates for interstate news with Southern Cross Austereo.