SURFACE

Operations commence at Century zinc mine

New Century Resources has commenced operations at the Century zinc mine in Queensland, Australia

Staff reporter

This article is 6 years old. Images might not display.

PRESS RELEASE: Total refurbishment and commissioning costs for the Century restart were in line with estimates in the restart feasibility study announced in November 2017. The company will release a further monthly development update at the end of August which will provide a more detailed report of the restart activities.

Patrick Walta, managing director at New Century, commented: "It is a fantastic achievement by the New Century team and our business partners to deliver the restart of operations at Century both on time and budget. We are now focused on the next phase of Century development, ramping up operations to become one of the world's top zinc producers."

Century has an estimated production capacity of 264,000t/y zinc and 3Moz/y silver over an initial ore reserve mine life of 6.3 years. In-situ mineral resources also provide potential for mine life extension and the company is currently engaged in active exploration programmes across its 1,800km2 tenement package. Operations at Century are also forecast to be in the lowest quartile for cash costs.

Archived article: image not displayed.

Hydraulic mining of tailings into the slurry winning pontoon

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Magazine Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Magazine Intelligence team.

editions

Mining Magazine Intelligence: Automation and Digitalisation Report 2024

Exclusive research for Mining Magazine Intelligence Automation and Digitalisation Report 2024 shows mining companies are embracing cutting-edge tech

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets