Metro Mining sees steady ramp-up for Bauxite Hills Mine

Company News

by Rachael Jones

Metro Mining (ASX:MMI) have released their June quarter results showing a steady ramp up at The Bauxite Hills Mine during the quarter, achieving consistent results on a daily basis.

Last month, Metro reported how they had encountered some unexpected adverse swell conditions starting late May.

These conditions gradually improved and daily shiploading rates have averaged over 15,000 WMT per day, including a daily record of 20,835 WMT.

Metro is confident of maintaining these levels throughout the year and remains on track to meet its production and shipping guidance.

Shares in Metro Mining (ASX:MMI) closed 2.1 per cent higher at $0.10.
 

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.