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NQMIY (NQ Minerals Plc) is no longer actively trading.
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NQ Minerals Plc is an Australian-based company specializing in mineral exploration and mining activities. Its primary focus involves identifying and extracting valuable ore deposits, including gold, pyrite, silver, lead, and zinc. A cornerstone of its operations is the Hellyer gold mine, which is strategically located in Tasmania. This enterprise was established in 2015 and manages its corporate affairs from its headquarters in Surfers Paradise, Australia.
NQ Minerals PLC (LON:NQMI, FSE:44D) said mining and trucking operations at its Beaconsfield gold mine in Tasmania, Australia, are progressing well. The company, which is planning to extract more than 100,000 tonnes of 3 grammes a tonne contaminated soil from the Beaconsfield wetlands as part of the environmental rehabilitation of the land, said 22,290 tonnes of material had so far been trucked to stockpiles in the processing plant area.
NQ Minerals PLC (LON:NQMI, FSE: 44D) said its shares starting trading on the Frankfurt Stock Exchange today, making it one of the first companies with a primary listing on London's Aquis Exchange to achieve a dual listing. The company, which is focused on the environmental rehabilitation and sustainable exploration and extraction of minerals at former precious metal mining locations in Australia, previously announced it is also working to seek admission to the main market of the London Stock Exchange.
NQ Minerals PLC (AQSE:NQMI) said surface trenching (costeaning) at the Beaconsfield Gold Mine in Tasmania, Australia hit strong indications of gold in two areas. At the base of the Cabbage Tree Hill target, trench samples returned a best result of 8m at 3.61 grams per tonne of gold while at the footwall of the Tasmanian Reef one sample showed 2.02g/t over 2m.
NQ Minerals PLC (LON:NQMI) announced first-quarter net income of A$4.8mln (£2.7mln) from its flagship Hellyer mine in Tasmania. A major capital works programme at Hellyer to construct a new circa A$15mln tailings storage facility was essentially completed by the end of the quarter, NQ said, adding that the project came in 17% under its original budget.
NQ Minerals Plc (LON:NQMI,) said it has started hauling gold-bearing material from the Beaconsfield Wetlands environmental clean-up area to the processing plant. David Lenigas, chairman, said: "We now have a fleet of 6 trucks moving a significant amount of gold-bearing material from the Wetland area, located to east of the Beaconsfield townsite, to the Beaconsfield processing plant area.