Tag: North West Queensland

New Century Resources: Ramping up

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...

Freight fast track

Freight fast track

THE Queensland Government has promised half a billion dollars for the development of a new freight terminal at the Port of Townsville and discounted freight charges to boost exports along the Mount Isa rail line. Deputy Premier and Treasurer Jackie Trad said the funding would promote mining and exploration in the state’s North West, which contains about 75pc of Queensland’s base metal and minerals, including copper, lead, zinc, silver, gold and phosphate deposits. “Our state’s economy is stronger when we have a reliable supply of minerals for export,” Ms Trad said. “A number of mines are trucking minerals from the North West to the port, and the trains that are carrying minerals in shipping containers have to be unloaded at Stuart...