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  3. Metals Exploration Share Price
  4. Metals Exploration Share News
  5. Metals Exploration Says Milling At Runruno Gold Project Suspended

Pin to quick picksMetals Exploration Share News (MTL)

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Share Price Information for Metals Exploration (MTL)

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Metals Exploration Says Milling At Runruno Gold Project Suspended

Fri, 24th Jun 2016 09:56

LONDON (Alliance News) - Metals Exploration PLC said Friday that milling operations at its Runruno gold project north of the Phillipines have been suspended due to an issue with the feed end bearing on the mill.

Metals Exploration said the mill has been undergoing "test running and debugging" operations as part of the commissioning and ramp-up procedure.

It said the issue is "currently being fully assessed" and it will make a further announcement once the results of the assessment are known.

Shares in Metals Exploration were down 11% at 6.00 pence Friday following the announcement.

By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews

Copyright 2016 Alliance News Limited. All Rights Reserved.

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