Skip to main content

NQ Minerals declares commercial production

Published by
Global Mining Review,


NQ Minerals Plc has announced that commissioning of the Hellyer processing plant has now been completed and that during the fourth quarter of 2018, the company produced 3991 dry t of lead, 1537 dry t of zinc, and 4291 dry t of pyrite realising approximately £3.2 million (AUS$5.7 million) in sales.

The company is now consistently producing all three concentrates with sales occurring on a weekly basis.

“With commissioning substantially complete, NQ is now a producer. Having completed the acquisition and refurbishment of Hellyer over the prior two years, the culmination of management’s efforts will make 2019 a transformational year for the company. With the change in status to a producer, we believe there is substantial potential to unlock shareholder value,” stated Brian Stockbridge, Chairman of NQ Minerals PLC.

Read the article online at: https://www.globalminingreview.com/exploration-development/16012019/nq-minerals-declares-commercial-production/

You might also like

OSIsoft webinar

[WEBINAR] How to succeed in Digital Transformation in Mining and Materials

During this webinar, OSIsoft will explain their successful path to Digital Transformation, including Predictive Maintenance 4.0 from an asset reliability perspective, Health, Safety & Environment improvement opportunities, and Autonomous Operations for process optimisation. Register for free today »

 
 
 

Embed article link: (copy the HTML code below):