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LONDON, UK / ACCESSWIRE / January 14, 2021 / London listed NQ Minerals Plc (AQSE:NQMI, OTCQB:NQMLF, OTCQB:NQMIY), ( NQ or the Company ) the base and precious metals producer from its 100% owned flagship Hellyer Mine ( Hellyer ) and the 100% owner of the Beaconsfield Gold Mine, both in northern Tasmania, Australia, is pleased to report its 2020 Full Year ( FY ) provisional and unaudited operating financial results and production results from NQ s wholly owned subsidiary Hellyer Gold Mines Pty Ltd ( Hellyer ). These results do not factor in associated costs at the Plc level.
Provisional 2020 Full Year Unaudited Financial Summary:
(Note: Results reported in Australian dollars ( A$ ))
Improved tonnage throughput from the mining and processing operations at Hellyer realised provisional 2020 FY gross revenues of A$63.3m, operating profits from operations of A$24.0m and net income of A$22.7m to 31 December 2020.
NQ Minerals 2020 Year End Operations Update saltlakecitysun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from saltlakecitysun.com Daily Mail and Mail on Sunday newspapers.
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain. The United States Securities and Exchange Commission ( SEC ) permits US Mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. Any estimates of mineral resources shown in this press release or on NQ Minerals PLC s website have been prepared in accordance with definition standards of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves produced by the Australasian Joint Ore Reserves Committee, which may differ from definition standards of the United States Securities and Exc
LONDON, UK / ACCESSWIRE / January 12, 2021 / London listed NQ Minerals Plc (AQSE:NQMI) (OTCQB:NQMLF) (OTCQB:NQMIY), ("NQ" or the "Company") the base and precious metals producer from its 100% owned flagship
NQ Minerals Plc is listed on London s Aquis Stock Exchange (AQSE) under the ticker NQMI and has its 1:100 ADR traded on the US OTC QB under the ticker NQMIY, and its ordinary shares are dual traded on the US OTC QB under the ticker NQMLF. NQ Minerals operations are in Australia. NQ commenced base metal and precious metal production in 2018 at its 100% owned flagship Hellyer Gold Mine in Tasmania. Hellyer has a published JORC compliant Mineral Resource estimated at 9.25 Mt which is host to Gold at 2.57 g/t Au for 764,300 oz Au, Silver at 92 g/t Ag for 27,360,300 oz Ag, Lead at 2.99% Pb for 276,600 tonnes and Zinc at 2.57% Zn for 217,400 tonnes. In addition to these resources, the Hellyer assets include a large mill facility and full supporting infrastructure, including a direct rail line to port. The Company is also planning to reopen the historic high-grade Beaconsfield Gold Mine in Tasmania, which has a JORC (2012) compliant Mineral Resource Estim