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New Century owns the Century zinc mine in Queensland.

New Century progresses zinc mine restart

Perth-based New Century Resources has locked in a $58 million debt facility agreement with investment firm Sprott, to fund the restarting of operations at its Century zinc mine in Queensland.

New Century, which began trading on the ASX in July after completing a reverse takeover of Attila Resources, will use the funds to progress plant commissioning and mine development at Century, which was mothballed in 2015.

Sedgman is due to deliver a restart feasibility study on Century next month.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 29/09/17

1 year TSR5 year TSR
21stNew Century Resources490%10%
719 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

13/07/17
$0 Issued
13/07/17
$140k Issued
07/01/16
$2k Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

th-New Century Resources$0
489 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from New Century Resources

576thScott Sullivan$259k
222ndEvan Cranston$200k
1474thBryn Hardcastle$40k
Ranked by total remuneration from all listed WA companies

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