Sep 19, 2018

New Century approach offers new life for redundant sites

Townsville’s Yabulu refinery and redundant mines across the country could be restarted as profit-making concerns under a processing model refined in the Gulf of Carpentaria. New Century Resources has shown that, under the right conditions, you can reinvent a business from the fag end of a mine life. In doing so, New Century Resources has added weight to a relatively new term that has entered the mining lexicon. ‘Economic rehabilitation’ means turning a book liability into profit and the company has done just that with the existing Century mine. The Yabul...

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