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Pin to quick picksMetals Exploration Share News (MTL)

Share Price Information for Metals Exploration (MTL)

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Share Price: 5.20
Bid: 5.10
Ask: 5.30
Change: 0.10 (1.96%)
Spread: 0.20 (3.922%)
Open: 5.10
High: 5.25
Low: 5.10
Prev. Close: 5.10
MTL Live PriceLast checked at -

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Metals Exploration resumes ops at Runruno after Typhoon Rosita cleanup

Fri, 02nd Nov 2018 10:17

(Sharecast News) - Metals Exploration on Friday said mining and processing operations at its Runruno project in the Philippines had resumed after temporary repairs to the site's bridge crossing.The AIM-listed exploration and development outfit revealed that neither the mine nor the processing plant had sustained any "material damage" from the impact of Typhoon Rosita and that its BIOX circuit had continued to respond "positively" as it was ramped back up to its pre-typhoon operational throughput.Metals Exploration said Rosita, which passed directly over Runruno bringing torrential rain and high winds and depositing 354mm of water over the mine, had only made "short-term impacts" on operations in Nueva Vizcaya.Physical damage was said to be limited to "superficial impacts on infrastructure" including signs, erosion of road surfaces and causeways which have now been repaired. The now repaired national road between Runruno and Solano was cut off as a result of the storm."The mine's disaster planning team had effected its typhoon preparation plan several days earlier and executed it to precision before, during and after the event which minimised the impacts and improved the safety of the company's workforce and the neighbouring communities," the company said.No injuries were reported.Metals Exploration shares had shot up 9.09% to 1.50p at 1135 GMT.
More News
11 Sep 2020 16:09

Metals Exploration Swings To Profit In 2019 Amid No Impairment Loss

Metals Exploration Swings To Profit In 2019 Amid No Impairment Loss

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9 Sep 2020 15:57

IN BRIEF: Metals Exploration Reports Slight Sales Dip At Runruno

IN BRIEF: Metals Exploration Reports Slight Sales Dip At Runruno

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9 Sep 2020 06:57

IN BRIEF: Metals Exploration Proposes Conditional Debt Restructuring

IN BRIEF: Metals Exploration Proposes Conditional Debt Restructuring

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1 May 2020 13:28

UK TRADING UPDATE SUMMARY: Avacta, Genedrive Progress With Virus Tests

UK TRADING UPDATE SUMMARY: Avacta, Genedrive Progress With Virus Tests

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28 Apr 2020 08:34

Metals Exploration Reports Reduced Resources At Runruno In Philippines

Metals Exploration Reports Reduced Resources At Runruno In Philippines

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26 Mar 2020 12:47

UK TRADING UPDATE SUMMARY: Dividends Continue To Suffer From Covid-19

UK TRADING UPDATE SUMMARY: Dividends Continue To Suffer From Covid-19

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9 Mar 2020 16:37

Metals Exploration Shares Suspended Amid Financial Uncertainty

Metals Exploration Shares Suspended Amid Financial Uncertainty

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19 Feb 2020 17:21

Metals Exploration Reports Record Quarterly Gold Production

Metals Exploration Reports Record Quarterly Gold Production

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10 Feb 2020 06:56

CORRECT (Jan 22): Metals Exploration Shareholders Take Over Bank Debt

CORRECT (Jan 22): Metals Exploration Shareholders Take Over Bank Debt

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22 Jan 2020 10:03

Metals Exploration Debt Taken Over By HSBC, BNP Parbis

Metals Exploration Debt Taken Over By HSBC, BNP Parbis

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15 Nov 2019 11:56

Metals Exploration Gold Sales Rise; Eyes Removal Of Illegal Miners

Metals Exploration Gold Sales Rise; Eyes Removal Of Illegal Miners

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15 Nov 2019 11:45

Metals Exploration exceeds mining and processing budgets in third quarter

(Sharecast News) - Natural resources exploration and development company Metals Exploration updated the market on operations at the Runruno gold project in the Philippines for the latest quarter on Friday.

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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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