New Century hoses down zinc output expectations

NEW Century Zinc has lowered its guidance for the year, blaming “persistent heavy wet season events” occurring in the last two quarters at its Century operation in north west Queensland for lower production.

 New Century hoses down zinc output expectations  New Century hoses down zinc output expectations  New Century hoses down zinc output expectations  New Century hoses down zinc output expectations  New Century hoses down zinc output expectations

Silver King could add hard rock to Century mix

The company is now flagging full-year output of 127,000-132,000t of zinc in concentrate at cash costs of US87-92c per pound.

Zinc is currently fetching more than $1.30/lb.