Simon Finnis

Metro Mining To Receive A$47.5 Million Loan From Australian Government For Expansion At Bauxite Hills

Metro Mining To Receive A$47.5 Million Loan From Australian Government For Expansion At Bauxite Hills

Australia’s Metro Mining Ltd. announced yesterday the decision by the Northern Australia Infrastructure Facility (NAIF) to loan to the firm up to A$47.5 million for expansion of operations at Bauxite Hills. Per the firm, NAIF’s Loan Facility is a nine-year note that...

Events

Metro Mining Increases Bauxite Hills Reserve Estimate By 18.8 Percent

Australia’s Metro Mining Ltd. updated investors on its reserves and resources yesterday, one year on from commencement of operations at its Bauxite Hill Mine. Per the firm, the new numbers translate into potentially extending the mine’s life to 2037, three years beyond previous estimates. In its update, Metro said its total reserve estimate for Bauxite […]

Unexpected Swell Conditions Hamper Metro Mining’s June Bauxite Shipments

Australia’s Metro Mining Ltd. updated investors on operations at Bauxite Hills Mine yesterday, noting that adverse weather conditions led to issues with delivering the volume of bauxite ore projected for the current month. Upon resuming production after an unexpected pause resulting from a late-season cyclone, Metro completed expansion at the site with the on-time installation […]

Metro Mining To Restart Operations At Bauxite Hills Within Weeks

With the area’s rainy season behind it, Australia’s Metro Mining Ltd. said yesterday that it will soon restart bauxite mining operations at Bauxite Hills later this month. The firm said it is soon to return to production after a planned shut-down in December that coincided with the beginning of the region’s rainy season. Though mining […]

Despite Rains, Metro Mining Carries Out Improvements At Bauxite Hills Mine

Australia’s Metro Mining Ltd. updated investors regarding operations at Bauxite Hills Mine yesterday, detailing the events that have taken place over the wet season and since the firm’s announced transition to the site’s owner-operator. Per the press release, Metro ended mining operations in December, shifting the focus at the site to maintenance and infrastructure improvements. […]