Metro Mining Ltd

Metro Mining lifts production guidance for 2019 by 17%, Stage 2 DFS update underway

Metro Mining Ltd (ASX:MMI) managing director & CEO Simon Finnis updates Proactive Investors on quarterly results, with a focus on increasing production levels from the Bauxite Hills Mine in northern Queensland, Australia.

The company is currently working on an updated definitive feasibility study (DFS) for potential stage II expansion of annual production to six million wmt per annum by 2021. It is is on track to be completed in the June quarter of this year.

Quick facts: Metro Mining Ltd

Price: $0.11

Market: ASX
Market Cap: $152.34 m


Katoro Gold to accelerate battery metals plan following gold licence deal

Louis Coetzee says Katoro Gold PLC’s (LON:KAT) deal for its gold licences in Tanzania should be considered more a re-positioning than a disposal. It’s part of a re-focusing of the strategy towards battery metals, he adds. Katoro will retain a royalty on production from the Imweru and Lubando...

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