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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.

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Price: 0.125 AUD

ASX:MMI
Market: ASX
Market Cap: $173.11 m
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Metro Mining’s Bauxite Hills Mine in QLD sells all bauxite production for 2018

Metro Mining Ltd (ASX:MMI) managing director & CEO Simon Finnis speaks with Proactive Investors about the bauxite producer’s Bauxite Hills Mine in northern Queensland, which began production in April. The Brisbane-based company is ramping up strongly on its way to producing 2 million...

on 24/9/18

2 min read