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A STRONGER zinc price and lower concentrate treatment charges have underpinned New Century Resources’ “net sales receipts” increasing 38% to A$74 million quarter on quarter, with secured debt now reduced by 25% in 2020 after another US$7.2 million was repaid.
The better macro environment for the zinc producer came as quarterly production from the Century operation was flat (33,600t), with rectifications and optimisations continuing into the new quarter.
Leader New Century enjoying twin tailwinds
