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New Century signs A$100M gas supply contract to power Century zinc mine

New Century Resources Ltd. said Feb. 15 that it entered into a long-term agreement with Santos Ltd. for direct gas supply to Mount Isa power generation facilities that support its Century zinc mine in Queensland, Australia.

The four-year agreement has a value of about A$100 million.

The company said it is on track for first zinc concentrate production in the third quarter.