NQ Minerals Declares Commercial Production
“With commissioning substantially complete, NQ is now a producer,” Brian Stockbridge, chairman of NQ Minerals PLC, said. “Having completed the acquisition and refurbishment of Hellyer over the prior two years, the culmination of management’s efforts will make 2019 a transformational year for the company. With the change in status to a producer, we believe there is substantial potential to unlock shareholder value.”
NQ Minerals is an Australia-based mining company that commenced production in the fourth quarter of 2018 at its flagship Hellyer gold mine. The company anticipates strong cash-flow and profitability from Hellyer and has a portfolio of exciting exploration prospects.