Metro Mining Ltd (ASX:MMI) has achieved a great start to the year in April for both mining and shipping at the Bauxite Hills Mine north of Weipa on Western Cape York.
The strong April results exceeded budget and are attributable to greater experience and continuity of the workforce, recent upgrades to plant and equipment and favourable weather conditions.
Significantly, these results were achieved in spite of essential COVID-19 safety procedures implemented on-site prior to the resumption of operations.
Metro managing director and chief executive officer Simon Finnis said: “This is a very pleasing start for 2020.
“We have had a seamless transition back into operations and as a result have been able to build significant stockpiles at the Port, positioning the project for continued strong operational performance.
“The team has responded well to the additional procedures required as a result of COVID-19 and that is clear in the results we have achieved.”
Shares closed more than 4% higher to 9.8 cents and are up from 8 cents at close on March 24.
Daily haulage record achieved[hhmc]
With the commissioning of the three new tRead More – Source
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