NQ Minerals books just under A$54mln in revenue in its first year of operations. 
NQ Minerals PLC (LON: NQMI) (OTCMKTS: NQMLF) generated A$15.5mln in revenue and gross profits of A$7.4mln during the fourth quarter of 2019. 
In a statement, the NEX-listed firm said base and precious metals production from the flagship Hellyer mine amounted to 8,160 tonnes of lead concentrate and 4,904 tonnes of zinc concentrate, while full-year revenues amounted to just under A$54mln. 
"2019 has been a transformational year for NQ Minerals,” said NQ’s chairman David Lenigas. 
“Improvements at the operational level have translated into increased operating profits at Hellyer on a quarter over quarter basis. Since announcing commercial production in January of 2019, we have consistently delivered improvements to our operational results. 
"The combination of improved financial results and strategic initiatives were undertaken to secure the mineral deposits below Hellyer position us to create significant value in the near and long term,” he added. 
Delivering opportunity and connecting with customers since 2009. 
Building a brighter future, investing together. 
Thank you for reading and subscribing. 
Keep up to date with all of our news and video releases by subscribing or clicking on the links below: 
For the avoidance of any doubt, nothing on this website is intended to constitute advice to you and the content is displayed for illustrative and informational purposes only. 
Making more possible. 
Today. Tomorrow. Together. 
Oakmount and Partners Ltd. Est 2009. 
Sculpted from experience, built for success. 
Share this post:
Customer reviews & experiences for OAKMOUNT AND PARTNERS. Show more information.
Our site uses cookies. For more information, see our cookie policy. Accept cookies and close
Reject cookies Manage settings