Consolidated Zinc Ltd (CZL.ASX) is a junior mining and exploration company, holding a 100% interest in the Plomosas Zn-Pb-Ag mine in Chihuahua, Mexico, where commercial zinc production was re-established in Dec-2018. As part of optimising operations at Plomosas, CZL has completed the construction and commissioning of its own processing plant and recently announced the delivery of the initial zinc and lead concentrates. We see this as a critical path item to delivering improved commercial outcomes and profitability from its high-grade operations over 2021 which is a transitional year to higher stable and sustainable returns. By assuming greater, direct operational control at the mine, CZL is well positioned to benefit from stronger post-COVID economic growth and metals demand.
20 Apr 2021
New processing plant the first step to unlocking value
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New processing plant the first step to unlocking value
Yari Minerals Limited (YAR:ASX) | 0 0 0.0% | Mkt Cap: 9.47m
- Published:
20 Apr 2021 -
Author:
Finola Burke | Andrew Williams -
Pages:
4
Consolidated Zinc Ltd (CZL.ASX) is a junior mining and exploration company, holding a 100% interest in the Plomosas Zn-Pb-Ag mine in Chihuahua, Mexico, where commercial zinc production was re-established in Dec-2018. As part of optimising operations at Plomosas, CZL has completed the construction and commissioning of its own processing plant and recently announced the delivery of the initial zinc and lead concentrates. We see this as a critical path item to delivering improved commercial outcomes and profitability from its high-grade operations over 2021 which is a transitional year to higher stable and sustainable returns. By assuming greater, direct operational control at the mine, CZL is well positioned to benefit from stronger post-COVID economic growth and metals demand.