Senex Energy Limited (ASX:SXY) (FRA:UDB) (OTCMKTS:VPTOF) today announced a gas sales agreement with Australian resources company New Century Resources Limited (ASX:NCZ) for the sale of around 7 petajoules (PJ) of natural gas over three years.
New Century Resources Ltd
New Century acquired the Century Mine when it ceased production in 2016 and has executed an economic rehabilitation plan comprised of upgrading the mine's existing world-class infrastructure. This rehabilitation was completed in August 2018 when the mine successfully entered production.
New Century Resources is initially focusing on the existing ore reserves to produce zinc in the lowest cost quartile globally. Substantial mineral resources exist on the mining leases which will provide a significant opportunity for mine life extension and metal production increases from the mine's operations.
FINANCE VIDEO: New Century Resources (ASX:NCZ) Increased Resource Paves the Way for Hard Rock Mining to Recommence
New Century Resources (ASX:NCZ) has released an initial resource for its South Block deposit, part of the Century Zinc operation in Queensland. Highlights of the announcement include the following.
FINANCE VIDEO: New Century Resources (ASX:NCZ) Feasibility Study Highlights Exceptional Operating Margins
New Century Resources (ASX:NCZ) has released a positive feasibility study for its Century Zinc Mine in Queensland. Highlights of that study include the following.
New Century Resources (ASX:NCZ) has released a number of strong announcements in the past couple of months relating to their Century Zinc Mine in Queensland.
New Century Resources (ASX:NCZ) recently acquired the Century Zinc Mine in Queensland. The Century Mine was the world's third largest zinc operation for nearly two decades prior to it being placed on care and maintenance in 2016.
Asian Activities Report for August 18, 2011: Latrobe Magnesium (ASX:LMG) to Acquire Errida Creek Rare Earths Project in Western Australia
Asian Activities Report for August 18, 2011 includes: Latrobe Magnesium Limited (ASX:LMG) is to acquire a 100% interest in a very large highly prospective Rare Earth Project at Errida Creek in Western Australia; Australian rare earths company Arafura Resources Limited (ASX:ARU) has executed a Letter of Intent with German company ThyssenKrupp Metallurgical Products to develop an exclusive, long-term commercial agreement; Metals explorer Investigator Resources Limited (ASX:IVR) today announced a high-grade silver and lead discovery at the Paris prospect within its Peterlumbo project area in South Australia; Attila Resources Limited (ASX:AYA) has increased its tenement holding in the Talisker North region in Western Australia to 1922km2.