Un-mothballed Century Mine sells $19.5M of zinc concentrate in September

By Michael Allan McCrae / October 02, 2018 / www.mining.com / Article Link

The Century Zinc Mine, which was officially re-opended last month, made revenue of A$27.2M from zinc concentrate sales in September.

The company earned $7.04M (A$9.8M) to date from production of 7,000 tonnes of zinc concentrate and $12.5M (A$17.4M) from the forward sale of 13,000 tonnes of October production.

Century says its first concentrate shipment to China is scheduled for the end of this month. Century is planning for a feed rate of about 8.0Mtpa into its processing plant.

In November 2017 the mine's owner, New Century Resources (ASX:NCZ), raised $52.9 million to restart.

The mine was the third largest zinc mine in the world prior to its closure in 2016 and still hosts mineral resources in excess of 2.6Mt of zinc, 0.7Mt of lead and 42.5Moz of silver.

Creative Commons image of moth courtesy of Mike Lewinski

Recent News

Many new players enter TSXV gold Top 25 by market cap

July 14, 2025 / www.canadianminingreport.com

Gold stocks mixed on moderate metal gain, flat equities

July 14, 2025 / www.canadianminingreport.com

Gold stocks lead the large cap miners by far over H1/25

July 07, 2025 / www.canadianminingreport.com

Gold stocks up as the metal price and equities gain

July 07, 2025 / www.canadianminingreport.com

Mixed outlook for gold as it remains range bound for past three months

June 30, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok