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Metro Mining on track to “comfortably” achieve production guidance in June quarter

The planned June quarter production is already sold and the shipping schedule has been finalised.

Metro Mining Ltd - Metro Mining on track to “comfortably” achieve production guidance for June quarter
Metro had a great year in 2019 achieving budgeted sales of 3.5 million tonnes

Metro Mining Ltd’s (ASX:MMI) strong start to 2020 is continuing with further excellent production results in May that, despite some minor weather delays during the month, again exceeded budget.

It is expected that Metro will comfortably achieve production guidance for the June 2020 quarter.

Metro managing director and chief executive officer Simon Finnis said: “During these challenging times it is very pleasing to see these results, showing that the experience of the team on site is translating to greater productivity.

“We have significant stocks at the port so we are well positioned to continue to produce at these higher levels.”

Quick facts: Metro Mining Ltd

Price: 0.065 AUD

ASX:MMI
Market: ASX
Market Cap: $90.36 m
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