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Pin to quick picksMetals Exploration Share News (MTL)

Share Price Information for Metals Exploration (MTL)

London Stock Exchange
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Share Price: 4.55
Bid: 4.50
Ask: 4.60
Change: 0.10 (2.22%)
Spread: 0.10 (2.222%)
Open: 4.45
High: 4.60
Low: 4.40
Prev. Close: 4.50
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IN BRIEF: Metals Exploration closes Runruno mine following fatality

Tue, 09th May 2023 12:24

Metals Exploration PLC - London-based, Philippines-focused gold producer - Notes fatality at Runruno mine, which is unconnected to any of the ongoing operational activities. Says Runruno will remain closed for 24 hours while the authorities finish their mandatory investigations. It is understood by Metals Exploration that no other parties were involved and that the authorities are not treating the death as an industrial related incident. "The company takes a loss of life incident, however caused, very seriously and to ensure the health and wellbeing of the workforce is upheld at all times," it adds.

Current stock price: 1.90 pence, down 2.6% in London on Tuesday

12-month change: up 76%

By Sophie Rose, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
13 Sep 2019 09:50

Metals Exploration cuts interim loss after gold production jumps

(Sharecast News) - Shares in Metals Exploration climbed on Friday after the company slashed its interim loss following a surge in gold production that bolstered revenues.

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13 Sep 2019 08:09

Metals Exploration Interim Loss Slashed By Gold Sales And Price Jump

(Alliance News) - Mining firm Metals Exploration PLC said Friday its interim loss was reduced as revenue leapt on rising gold sales and prices.For the six months ended June, pretax loss to

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1 Aug 2019 13:32

Metals Exploration Loan Standstill Talks Delayed By Typhoon Warning

(Alliance News) - Metals Exploration PLC on Thursday said it was not able to formally extend its standstill agreement with creditors due to a typhoon warning.Shares in Metals Exploration to

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28 Jun 2019 17:03

Metals Exploration Extends Lenders Standstill Deal Amid Ongoing Talks

(Alliance News) - Metals Exploration PLC confirmed Friday it had extended the standstill agreement with its lenders and major shareholders until July 31 as debt restructure talks Exploration the -

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25 Jun 2019 13:14

Metals Exploration Debt Talks Ongoing; Happy With Runruno Performance

(Alliance News) - Metals Exploration PLC said Tuesday negotiations to restructure its debt continue, and it is seeking an extension to the standstill agreement, which ends this in the mineral and

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3 Jun 2019 14:25

Metals Exploration Renews Again Standstill Agreement With Lenders

LONDON (Alliance News) - Metals Exploration PLC on Monday said it renewed once more a standstill agreement with its lenders and major shareholders for a further month until June 28.The the

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30 May 2019 10:18

Metals Exploration 2018 Loss Widens As Philippine Project Disappoints

LONDON (Alliance News) - Metals Exploration PLC on Thursday said revenue rose in 2018 on increased gold production from its Runruno project in the Philippines, but its loss widened dramatically as

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3 May 2019 14:44

Metals Exploration gets another month on its debt standstill agreement

(Sharecast News) - Metals Exploration confirmed on Friday that its lenders, HSBC and BNP Paribas, along with its major shareholders MTL Luxembourg and Runruno Holdings, as holders of its mezzanine debt, had renewed their standstill agreement for a further month until 31 May.

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24 Apr 2019 15:43

Metals Exploration emerges from quarter of change

(Sharecast News) - Pacific Rim-focussed natural resources exploration and development company Metals Exploration updated the market on its Runruno gold project in the Philippines on Wednesday, reporting mining of 2.93Mt in the quarter ended 31 March, with total ore mined standing at 573Kt.

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15 Mar 2019 10:20

Metals Exploration Nominated Adviser Resigns In Talks With Replacement

LONDON (Alliance News) - Metals Exploration PLC on Friday said its nominated adviser, Canaccord Genuity Ltd, has resigned with effect from April 14.The company added it is in "advanced

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12 Mar 2019 13:41

Metals Exploration Seeks "Critical" Standstill From Senior Lenders

LONDON (Alliance News) - Metals Exploration PLC has asked lenders for a standstill on repayments, it said Tuesday, in order to seek a restructuring of its senior debt facility.The firm has

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28 Feb 2019 11:50

Metals Exploration Hires Ex-White Cliff Minerals Chair As Interim CFO

LONDON (Alliance News) - Metals Exploration PLC on Thursday said Thursday it has appointed former White Cliff Minerals Ltd executive chair Michael Langoulant as interim chief financial in Metals a

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27 Feb 2019 12:57

Metals Exploration Lowers Recoveries For 2018 After Internal Review

LONDON (Alliance News) - Metals Exploration PLC said an internal review into historical operational performance of Runruno mine has shown "several material discrepancies".Shares

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18 Feb 2019 13:56

Metals Exploration Agrees Repayment Extension To Runruno Project Loan

LONDON (Alliance News) - Metals Exploration PLC on Monday said it has secured a repayment extension to its Runruno project loan agreement.The company, which is developing the Runruno gold A

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8 Feb 2019 12:12

Metals Exploration Extends Debt Refinancing, Loan Repayment Date

LONDON (Alliance News) - Metals Exploration PLC on Friday said its senior lenders have agreed an extension of time until the end of March to complete the senior debt refinancing.The and the

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