leadf
logo-loader
viewNQ Minerals PLC

NQ Minerals' David Lenigas says 44% boost to Hellyer production is 'biggest deal yet' for company

NQ Minerals PLC's (LON:NQMI) tells Proactive London's Andrew Scott that the plant upgrade at the Hellyer Gold Mine in Tasmania has resulted in a 44% increase in production. The enhancements, done six months ahead of expectation, have resulted in hourly production of 150 tonnes, which equates to an annualised rate of 1.3mln tonnes.

''This is the most significant event yet for the company because it immediately increases our revenue and bottom line profit ... literally within two weeks''.

Quick facts: NQ Minerals PLC

Price: 6.14 GBX

AQSE:NQMI
Market: AQSE
Market Cap: -
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of NQ Minerals PLC named herein, including the promotion by the Company of NQ Minerals PLC in any Content on the Site, the Company receives from...

FOR OUR FULL DISCLAIMER CLICK HERE

David Lenigas reckons Greatland Gold's Havieron is 'once in a generation' find

David Lenigas discusses Greatland Gold (LON:GGP) after the company pushed through £1bn market capitalisation last week. Australian gold major Newcrest Mining (ASX:NCM) has a farm-in agreement with GGP to explore and develop the Havieron gold-copper project and earn 70% interest in the 12...

on 21/9/20

2 min read