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Aerial Drone of NSS @ Work

NSS recently partnered up with SkyDronics to bring you a series of aerial drone videos of just some of the services we offer at NSS.

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Move drone video and other NSS videos can be found over on our YouTube Channel.

New Century Resources has entered an additional long-term offtake agreement for zinc concentrate produced from the Century mine site with commodity trader MRI Trading AG.

The deal includes a $19.5 million unsecured debt facility for use as general working capital for operations at the Century mine, in north Queensland’s lower Gulf country.

The debt facility is structured as a prepayment for zinc concentrates to be delivered under the offtake agreement,.

The execution of the MRI offtake results from New Century’s concentrate tender process, which was initiated in Q4 2017, and offered up to 1.5Mt of zinc concentrate – representing production from the first 3.5 years of operations at the Century site.

New Century said the four offtake agreements executed to date had resulted in New Century contracting 75 per cent of this scheduled production.

New Century Resources is aiming to restart the Century site in the third quarter of this year, initially targeting tailings for reprocessing.