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Jan 21, 2021

New Century approach shaves cost off rehab dues

New Century approach shaves cost off rehab dues Exposing natural floor within the shallow northern section of the Century tailings dam (about 10m depth, single mining bench).

The Queensland Government has agreed to a $14.1 million reduction in the Estimated Rehabilitation Cost (ERC) associated with the Century mining operations in the lower Gulf. Project owner New Century Resources has welcomed the move as recognition of its economic rehabilitation model at the site, where it is reprocessing tailings from previous operations. It said…

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