LONDON (Alliance News) - Metals Exploration PLC on Monday said the partial suspension order on its Runruno metals processing plant project in Philippines has been lifted, having been in place since October.
Some works at the Runruro project were suspended in October after Typhoon Lando hit the Philippines.
Metals Exploration said the Mines & Geosciences Bureau had visited the site and demanded the company temporarily suspend "certain works" near the residual storage impound, the Malilibeg dump site, and tailings pipeline bench area of the Runruno project.
On Monday, it said this suspension order now has been lifted, "subject to ongoing performance monitoring and conditions".
Shares in Metals Exploration were up 3.9% to 4.67 pence.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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Metals Exploration (MTL)