NQ Minerals (NQMI NXX) has reported strong production results for the final quarter of 2020 with zinc concentrate production of 5.6kt which was up 14% YoY and 22% QoQ while lead concentrate production was up 17% YoY although down 19% QoQ. This meant full year production of 38.3kt of lead concentrate and 19kt of zinc concentrate up 53% and 22% YoY respectively. Lead concentrate was in line with our forecast of 38.8kt although zinc was short of the 20.5kt target we had set. That said, our forecast ....
13 Jan 2021
VSA Morning Miner 13/01/21 (NQ Minerals)
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VSA Morning Miner 13/01/21 (NQ Minerals)
NQ Minerals (NQMI NXX) has reported strong production results for the final quarter of 2020 with zinc concentrate production of 5.6kt which was up 14% YoY and 22% QoQ while lead concentrate production was up 17% YoY although down 19% QoQ. This meant full year production of 38.3kt of lead concentrate and 19kt of zinc concentrate up 53% and 22% YoY respectively. Lead concentrate was in line with our forecast of 38.8kt although zinc was short of the 20.5kt target we had set. That said, our forecast ....