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Middle Tennessee (Gordonsville) zinc mines

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04 September 2018

Middle Tennessee (Gordonsville) zinc mines

Report summary

East Tennessee Mines comprises of three operating mines; Coy, Inmel and Young. Nystar acquired the Middle and East-Tennessee Zinc mine complexes for US$15M and US$126M respectively in 2009 and restarted production in 2010. Concentrates from the operations are predominantly treated at Nystar's Clarksville smelter in north west Tennessee, and the combined production from the two operations when at capacity, East and Middle Tennessee, is more than capable of matching Clarksville's capacity. In December 2015, Nyrstar announced that they were placing its MTM on care and maintenance in order to reduce cash consumption. In Q1 2017, the mine had restarted operations with the mill expected to re-commence processing ore some time in Q2, ramping up to full production by November. In the accompanying analysis we have included a start up date of H2 2017.

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