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NQ Minerals hits new record in April as Hellyer production ramps up

Published: 08:37 08 May 2019 BST

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Production at Hellyer is rising quickly

April was a record month for sales and production from the Hellyer Mine in Tasmania, reported NQ Minerals PLC (LON:NQMI).

Tonnages of lead concentrate rose to 2,145, zinc to 1,748t and pyrite to 10,901t compared to 4,712t, 3,015t and 18,448t respectively for three months to March.

NQ said it is also continuing to see improvements in dredged and milled tonnes.   

Brian Stockbridge, non-executive chairman, added the improved performance reflected continued operational improvements and consistency in mining and processing throughput. 

“These progressive trends are encouraging in terms of the company's cash flow generation and we continue to examine additional opportunities for value creation."

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