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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
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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.
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7 Mar 2016 09:22

Metals Exploration Expects Suspension At Runruro To Be Lifted Soon

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26 Jan 2016 14:26

Metals Exploration looking to progress with Runruno Project

(ShareCast News) - Metals Exploration was looking to steam out of a development rut at the Runruno Gold Project in the Philippines, it announced on Tuesday. The AIM-listed natural resources exploration and development company said the rehabilitation works following the debris and water damage caused

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26 Jan 2016 10:53

Metals Exploration Capital Repayments Rescheduled After Typhoon

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28 Oct 2015 10:26

Metals Exploration Partly Suspends Operations After Super Typhoon

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27 Oct 2015 16:16

Metals Exploration Raises GBP3.0 Million In Open Offer (ALLISS)

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19 Oct 2015 10:31

Metals Exploration Says No Runruno Structural Damage From Typhoon

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24 Sep 2015 10:36

Metals Exploration Says Delayed Project "On Cusp" Of Production

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18 Sep 2015 11:04

Metals Exploration to raise new funds for Runruno gold mine

(ShareCast News) - Metals Exploration announced a share placing, an open offer and a debt securities issue to raise funds as it looks to get permits for its Runruno gold mine in the Philippines. The group said it has secured commitments to raise $5m via the issue of 108m shares at 3p per share from

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Metals Exploration Launches Placing, Open Offer, Debt Securities Issue (ALLISS)

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