Metro Mining Limited

Metro Mining Ships Record 822 Thousand Metric Tons Of Bauxite In September

Metro Mining Ships Record 822 Thousand Metric Tons Of Bauxite In September

Australia’s Metro Mining Ltd. updated investors on the progress of the Bauxite Hills Project last week, noting that the mine is operating at anticipated levels to date. Per the firm, September’s bauxite ore shipments totaled 822 thousand metric tons, bringing the mine’s...

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Metro Mining’s Institutional Placement Raises A$17.5 Million

Australia’s Metro Mining Ltd. announced last week a bookbuild that raised A$17.5 million in capital for the firm. The institutional placement was heavily oversubscribed upon its debut by both existing investors and new institutional buyers, both from Australia and overseas. The popularity of Metro Mining’s placement among investors led to the company’s decision to increase […]

Metro Mining’s Inaugural Bauxite Shipment Arrives in Qingdao

Australia’s Metro Mining Ltd. announced yesterday the safe arrival and provisional payment for its debut shipments from operations at Bauxite Hills Mine. Per the firm, two shipments totaling 123 thousand metric tons of bauxite ore arrived safely at the dock in Qingdao, China on May 20. Representatives from Shandong Xinfa Aluminium Group were on hand […]

Metro Mining’s First Shipment of Bauxite Sails for China

The first batch of bauxite harvested from Metro Mining Ltd’s operations at Bauxite Hill Mine set sail for the People’s Republic of China earlier this week per an announcement by the firm. The initial shipment, which consists of around 62 thousand metric tons of bauxite ore, is the first in a four-year agreement Metro has […]

Metro Mining Commences Mining Operations at Bauxite Hills Mine

Australia’s Metro Mining Ltd announced earlier today that it has commenced bauxite mining at its Bauxite Hills Mine project. According to the company, the mine is producing at a rate of 2 million metric tons per annum at the outset, with the prospect of tripling output over the coming four years provided expansion capital is […]

Despite Week Lost to Nora, Metro Mining Remains On Track for 2018 Production Target at Bauxite Hills

Australian metals miner Metro Mining Limited eased investors’ fears yesterday by announcing that the firm’s people and equipment successfully weathered tropical cyclone Nora. According to the company’s press release, the storm passed by operations at Bauxite Hills on Saturday morning. Though she assailed the site with a battery of powerful gales and torrential rain, Metro […]