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Cash cow of the Century

A substantial new mid-tier independent Australian miner is set to emerge after New Century Resources (ASX: NCZ) revealed its will be a 264,000 tonne per annum zinc producer generating nearly half a billion dollars of earnings per annum.

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New Century set to pull in annual earnings of about $450 million from tailings retreatment

The annual output will make it a top-10 zinc operation on a global scale - albeit for a comparatively modest 6.3 years based on the tailings reserves.

New Century is fully funded to get ...