NEW CENTURY RESOURCES LIMITED

NEW CENTURY RESOURCES LIMITED (ASX: NCZ)

Recent heavy rainfall in NW Queensland has impacted New Century Resources' operations
Access to Century by road has been cut off, but the airstrip remains open
Production is expected to be suspended for 2-3 weeks and may impact short term liquidity position

2023-03-17 09:52:00

New Century Resources has suspended production at the Century mine due to intense rainfall events in Northwest Queensland.
Priority activities such as dewatering and maintenance are still ongoing.
Production will only recommence when safe access to the production areas can be re-established.

2023-03-09 09:52:00

2023-02-02 13:17:00

Mt Lyell Copper Mine Prefeasibility Study (PFS) demonstrates highly attractive economics for the restart of underground mining operations over an initial 25-year mine life.
Low-cost, long-life copper and gold operation with a pre-tax NPV 7 of A$560 million, IRR of 22% and Life of Mine net cash flow of A$1,081 million.
Estimated pre-production capital cost of A$279 million with average C1 costs for the first 10 years of steady-state operations of US$1.73/lb Cu (including by-product credits).

2023-01-23 08:34:00