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NQ Minerals PLC

NQ Minerals sees Hellyer project generating £800mln in revenue

Brian Stockbridge, chairman of NQ Minerals PLC (NEX:NQMI), tells Proactive's Andrew Scott they're all set to hit the ground running when production begins at the company's flagship Hellyer polymetallic mine in Australia.

Stockbridge says they're on track to begin production at the wholly-owned project, located on the west coast of Tasmania, in the fourth quarter.

The group’s subsidiary Hellyer Gold Mines Pty Ltd's entered into two marketing and off-take agreements with Traxys Europe S.A. for the sale of all lead and zinc concentrates from the mine.

Quick facts: NQ Minerals PLC

Price: £0.03

Market: NEX
Market Cap: £0.00
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NQ Minerals expects to reach full production levels by next year

NQ Minerals Ltd (OTCQX: NQMLF)  CEO Roger Jackson tells Proactive Investors about the refurbishment of its Hellyer polymetallic plant in Tazmania. The flagship property has "substantial" reserves of zinc, lead, silver, gold and copper as a result of the 1990s...

on 05/09/2018

2 min read