NQ Minerals Plc Declares Commercial Production

Brian Stockbridge, Chairman of NQ Minerals PLC, commented “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.”

NQ Minerals Plc (NEX: NQMI) (OTCQB: NQMLF), today announced that commissioning of the Hellyer Processing Plant has now been completed and that during the fourth quarter of 2018, the company produced 3,991 dry metric tonnes of lead, 1,537 dmt of zinc, and 4,291 dmt of pyrite realising approx £3.2m (AUD$5.7m) in Sales. The Company is now consistently producing all three concentrates with sales occurring on a weekly basis.

Click to view all articles for the EPIC:
Or click to view the full company profile:
    Facebook
    Twitter
    LinkedIn
    NQ Minerals Plc

    More articles like this

    NQ Minerals Plc

    NQ Minerals now dual listed on the Frankfurt Stock Exchange

    NQ Minerals Plc (AQSE:NQMI), the green mining company with significant mining operations in Tasmania Australia, is pleased to announce the Company’s ordinary shares are now dual listed on the Frankfurt Stock Exchange (“FSE”). Trading commenced today

    NQ Minerals Plc

    NQ Minerals a very active year for news and growth (Interview)

    NQ Minerals plc (AQSE:NQMI) Executive Chairman David Lenigas joins DirectorsTalk to discuss the 2020 year-end operations update. David talks us through the highlights, expands on production rates that are better than originally forecast, tells us more about

    NQ Minerals Plc

    NQ Minerals sign a $55 million loan facility with ING Bank

    NQ Minerals Plc (AQSE:NQMI) has announced that its subsidiary Hellyer Gold Mines Pty Ltd and ING Bank N.V. have signed a US$55 million loan facility. The Company’s intention with respect to this facility was previously announced

    NQ Minerals Plc

    NQ Minerals raises £337,000 in equity raise

    NQ Minerals Plc (AQSE:NQMI), the base and precious metals producer from its Hellyer Gold Mine in Tasmania Australia, has announced that it has raised £337,000 (gross) at 7p per share from a UK based Institutional investor and a

    NQ Minerals Plc

    NQ Minerals see big jump in revenues and gross profits (Interview)

    NQ Minerals plc (AQSE:NQMI, OTCQB:NQMLF, US ADR OTCQB:NQMIY) Executive Chairman David Lenigas joins DirectorsTalk to discuss production results and unaudited financial results for its wholly owned Hellyer Gold Mines Pty Ltd. David talks us through the highlights,