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/