As per Century Mine performance during FY20, over the course of FY21 the Company anticipates a progressive improvement in zinc metal production (via a combination of increased mining rate and metallurgical recoveries) and lowering C1 costs. Cash and cash equivalents at beginning of Mr Damian O'Donohue confirms that the information in this market announcement that relates to VNC Goro mine's mineral resources and mineral reserves provided under ASX Listing Rules 5.12.2 to 5.12.7 is an accurate representation of the available data and studies supplied to New Century Resources as a foreign estimate. It is also possible that such funding may only be available on terms that may be dilutive to or otherwise affect the value of the Company's existing shares. Cash flows from operating activities Zinc demand tied to economic development - however still well Net increase / (decrease) in cash and cash equivalents for the period Industry forecast has shifted from supply surplus to prolonged deficit: Dividends received (see note 3) 9.4Mt at 10.7% Zn+Pb (6.1% Zn, 4.6% Pb & 65g/t Ag)
Email must be a valid email. Goro Nickel & Cobalt Mine Appendix 5B Mining exploration entity or oil and gas exploration entity quarterly cash flow report brokerage and assuming dividends re-invested and no withdrawals. The Company anticipates further C1 reduction, assisted by lowering TCs into the September quarter as the flow-on effects of spot contract TC rebasing continues to take hold. New Century Resources (ASX:NCZ) is an Australian base metal producer operating the Century Mine in Queensland with the aim of becoming one of the world’s top 10 zinc producers. + See chapter 19 of the ASX Listing Rules for defined terms. Unused financing facilities available at quarter end In addition, recovery improvement was hampered due to the processing of an isolated section of higher iron content feed from the tailings dam, requiring additional metallurgical management to Some 470 million years ago the Century deposit was located below the shallow margin of what is now known as the Georgina Basin overlain by shallow marine carbonate sediment.
consolidated statement of cash flows) to the Employee Ferry (Noumea to Goro ~60 min) MacArthur River
Fee data may not include all costs being charged such as platform and adviser fees. All-in-Sustaining Costs is defined as Total Cash Costs plus Corporate Overheads, Reclamation/closure provision, exploration, sustaining capex. property, plant and equipment Mr O'Donohue has sufficient experience that is relevant to the style of mineralisation and types of deposits under consideration and to the activity which he has undertaken to qualify as a Competent Person as defined in the 2012 Edition of the Australasian Code for the Reporting of Mineral Resources and Ore Reserves. Mining exploration entity or oil and gas exploration entity Guidance & Macroeconomic Assumptions
$240/t in March
An indirect consequence of the impact remobilisation of metals is that the lead isotope dating method was used to calculate the age of ore formation. Bringing Cleaner 2B online removes bottleneck for efficient 8-9Mtpa operations, 3B and 4B for 12Mtpa cleaner capacity (for future ramp up) Email is required. The information in this announcement that relates to the Mineral Resources estimate on the Silver King Deposit and the East Fault Block Deposit was first reported by the Company in its prospectus released to ASX on 20 June 2017, and the South Block Deposit was first reported by the Company to the ASX on 15 January 2018. Implementing the Dry Stack Tailings project will provide a best-in-class and long-term tailings management solution for the Operation:
Historical operations at Goro have underperformed due to a series of original design flaws and issues regarding operational commissioning. The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements and that all material assumptions and technical parameters underpinning the Mineral Resources estimates in the relevant original market announcements continue to apply and have not materially changed. New Century Resources September 2019 Quarterly Reports Release Date and Conference Call Details . You are here: Companies > New Century Resources Limited (NCZ) > March 2020 Quarterly Report New Century Resources Limited (NCZ) March 2020 Quarterly Report 30 April 2020 - Managing Director: Patrick Walta. Field works are planned for ground truthing, sampling and reconnaissance prior to additional geophysical surveys and follow up drilling.
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new century resources quarterly report