Articles On Metro Mining (ASX:MMI)

Title Source Codes Date
Metro considers closing Bauxite Hills early for wet season

Metro Mining may shut down the Bauxite Hills mine in Queensland for the wet season early if sales don’t pick up over the next month. The company has not sold bauxite for this year outside of its foundation Xinfa contract, which amounts to 2...

Australian Mining MMI 1 week ago
Metro Mining tops quarterly guidance after achieving record shipping in June

Metro's Bauxite Hills Mine ore is being shipped to meet China's strongly growing bauxite market; where Cape York bauxite is well known and highly regarded.

Proactive Investors MMI 1 month ago
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.

Proactive Investors MMI 2 months ago
Metro Mining delays Bauxite Hills expansion amid market uncertainties

Metro Mining expects to put back its planned $51.4 million Bauxite Hills expansion due to market uncertainties sparked by COVID-19. The company said completion of stage two of the expansion was not expected to occur prior to the second half...

Australian Mining MMI 2 months ago
Metro Mining’s production and shipments at Bauxite Hills Mine continue despite challenges

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

Proactive Investors MMI 2 months ago
Metro Mining continues to monitor markets ahead of Bauxite Hills Mine stage-2 expansion

The Bauxite Hills Mine is 95 kilometres north of Weipa and is one of the largest independent projects within the Weipa Bauxite Region.

Proactive Investors MMI 2 months ago
Metro Mining unveils sustainability report for Bauxite Hills Mine

Having no landfill on-site means all of the mine’s wastes are either recycled and remediated on-site or moved off-site and transported to certified waste contractors.

Proactive Investors MMI 2 months ago
Metro Mining makes strong start to the year for mining and shipping at Bauxite Hills

The company’s land-based activities started on the 2nd of April on day shift only, moving to the regular 24 hours a day, seven days a week basis on the 8th of April.

Proactive Investors MMI 3 months ago
Metro Mining's Simon Finnis updates as it prepares to make first 2020 bauxite shipment

Proactive Investors MMI 3 months ago
Metro’s Bauxite Hills off to ‘an excellent start’

Metro Mining’s first ship for 2020 has arrived for loading at Skardon River, Queensland, as part of Xinfa Group’s two million dry metric tonnes purchase this year. The ship, named Vialli, commenced loading on Tuesday morning (April 14). It...

Australian Mining MMI 3 months ago
Metro Mining set to ship first batch of bauxite for the year to major Chinese aluminium producer

Favourable weather conditions have allowed mining to get off to an excellent start with 142,000 wet metric tonnes of bauxite mined.

Proactive Investors MMI 3 months ago
Metro Mining gets funding approval for Bauxite Hills expansion

The Queensland government has agreed to Metro Mining’s $47.5 million Northern Australia Infrastructure Facility (NAIF) loan facility for the Bauxite Hills mine in Queensland’s far north. Metro Mining intends to use the loan facility to fund...

Australian Mining MMI 4 months ago
Metro Mining gets green light from state government for $47.5 million finance facility

Queensland Treasury has notified Metro of the State Government’s “No Veto” decision for the previously announced loan facility from the Northern Australia Infrastructure Facility.

Proactive Investors MMI 4 months ago
Metro Mining awakens Bauxite Hills from hiatus

Metro Mining has recommenced operations at the Bauxite Hills mine in Queensland, with the addition of a night shift crew coming onboard this week. The mine’s day shift team also exceeded budgeted rates based on four million wet metric tonne...

Australian Mining MMI 4 months ago
Metro Mining to resume shipping in April 2020

Metro Mining is set to recommence mining and shipping in April, with an estimated one million tonnes of bauxite to be produced and dispatched by the end of June. From the start of next month, Metro’s mining operations will recommence at the...

Australian Mining MMI 4 months ago
Metro Mining to recommence mining at Bauxite Hills in mid-April

While it may seem like business as usual the company is not discounting the possibility that operations may be affected by COVID-19.

Proactive Investors MMI 4 months ago
NRW appoints new Non-Executive Director

NRW Holdings Limited (ASX:NWH) has appointed Ms Fiona Murdoch MBA LLB (Hons) GAICD to the NRW Board of Directors effective from today. Ms. Murdoch has 30 years’ experience in the resources and infrastructure sectors in Australia and Intern...

Investor Insight MMI 5 months ago
Damstra share price soars 10% on strong Q2 revenue growth

The Damstra Holdings Ltd (ASX: DTC) share price is flying this morning and is up 10.42% after the company released its second quarter update for FY20.  Damstra provides both hardware and software workplace management solutions, designed to...

Motley Fool MMI 6 months ago
Metro Mining undervalued: EBITDA $44 million; Mine Life 17 years

Metro Mining Ltd (ASX:MMI) has started 2020 on a high - in fact, a 14 month high in share price terms. Following a strong rally in the six months to December, the company’s shares hit 17 cents last week, representing an increase of more tha...

FinFeed MMI 6 months ago
Metro shifts down a gear at Bauxite Hills

Metro Mining is set to reduce activity at the Bauxite Hills mine in Far North Queensland over the next three months. The move follows Metro’s planned shut-down for Bauxite Hills operating activities for the wet season, after its final ship...

Australian Mining MMI 6 months ago
Metro Mining continues preparations for stage two expansion of Bauxite Hills Mine

The company is focused on expanding its flagship Bauxite Hills Mine, 95 kilometres north of Weipa and exploring its 1,900 square kilometre tenement package on Western Cape York.

Proactive Investors MMI 6 months ago
Metro Mining generates 2019 EBITDA of $44 million

Metro Mining Ltd (ASX:MMI) continues to surprise on the upside, advising today that it had generated EBITDA of $12.6 million from sales of $69.3 million in the December quarter. While the bauxite producer had already informed the market tha...

FinFeed MMI 6 months ago
Metro Mining (ASX:MMI) mines and ships over 3.5 million tonnes in 2019

Metro Mining (MMI) has successfully mined and shipped over 3.5 million tonnes in 2019 Production finished on December 23 after the company loaded its 56th and final vessel for the year The mine has only been in operation for two years, ma...

themarketherald.com.au MMI 7 months ago
Metro achieves production guidance for 2nd year at Bauxite Hills

Metro Mining (ASX:MMI) today provided bauxite production and shipping results for December and for the calendar year from its Bauxite Hills Mine in Cape York, Queensland. The company mined and shipped 3.5 million tonnes over the year, succe...

FinFeed MMI 7 months ago
Metro Mining caps off December production with a slight guidance beat

Metro mined 274,000 and shipped 286,000 tonnes of bauxite during December from its mine.

Proactive Investors MMI 7 months ago
Bulk Metals: Metro’s bauxite output hits the top end of forecast

Metro Mining (ASX:MMI) is capping off 2019 in style with production from the Bauxite Hills project in Queensland achieving the upper end of its guidance for the year. The company mined over 1.2 million tonnes (Mt) of bauxite in the fourth q...

Stockhead MMI 7 months ago
Metro Mining refinances existing debt to secure $47.5 million loan from NAIF

Metro is on track to meet the upper end of its 2019 guidance of bauxite production and shipping from the Bauxite Hills Mine in Far North Queensland.

Proactive Investors MMI 7 months ago
Metro Mining to hit upper end guidance

Metro Mining is on track to achieve its production guidance at the Bauxite Hills project in far north Queensland this year. The company shipped 463,000 wet metric tonnes and produced 452,000 wet metric tonnes of bauxite in November. This pu...

Australian Mining MMI 8 months ago
Metro Mining on track to meet higher end of 2019 guidance from Bauxite Hills

MD and CEO: “It has been a very successful operational year and I am extremely proud of the effort and performance of the Metro team and our contracting partners.”

Proactive Investors MMI 8 months ago
Metro set to beat production guidance

Metro Mining Ltd (ASX:MMI) could well exceed its yearly bauxite shipping guidance after another strong performance in November. Pleasingly, management is taking a conservative stance with guidance, but mentioned that there was now a likelih...

FinFeed MMI 8 months ago
Scania trucks power Metro Mining operations

As production ramps up at Metro Mining’s Bauxite Hills mine on the western edge of Cape York in Queensland, Scania’s mine trucks are pulling more than their weight moving the bauxite to port. Metro Mining’s Scania fleet consists of nine V8...

Australian Mining MMI 8 months ago
Metro Mining secures $47.5 million loan facility for Bauxite Hills Mine expansion

Loan secured from NAIF - a $5 billion commonwealth government lending facility to finance projects via the governments of the NT, Queensland and WA.

Proactive Investors MMI 8 months ago
Funding clears the way for Metro’s Bauxite Hills expansion

In a pivotal development for Metro Mining (ASX:MMI), one of Australia’s leading bauxite producers, the National Australia Infrastructure Facility (NAIF) Board has made an Investment Decision to support the stage II expansion of the Bauxite...

FinFeed MMI 8 months ago
Metro Mining collars $47.5m in NAIF funding for Bauxite Hills mine expansion

Metro Mining (ASX: MMI) has collared a $47.5 million loan from the Northern Australia Infrastructure Facility (NAIF) to fund the majority of a stage two expansion at its Bauxite Hills mine. The company will use the nine-year loan to fund co...

SmallCaps MMI 8 months ago
Metro Mining receives boost for Bauxite Hills expansion

The Northern Australia Infrastructure Facility (NAIF) has offered Metro Mining a loan facility for stage two of the Bauxite Hills expansion project in Far North Queensland. NAIF is offering a facility of up to $47.5 million provided through...

Australian Mining MMI 8 months ago
Metro Mining delivers consistent revenues for Bauxite Hills mine on Cape York

Its shares were up 8% during intraday trading this morning after signalling yesterday it was likely to meet annual guidance again at its restarted operation.

Proactive Investors MMI 9 months ago
Metro Mining returns strongest monthly shipping levels to date at Bauxite Hills

The company remains on track to meet the 2019 production and shipping guidance of 3.3-3.5 million wmt at the Far North Queensland operation.

Proactive Investors MMI 9 months ago
Metro delivers record bauxite shipment in October

Metro Mining Ltd (ASX:MMI) has delivered a stellar bauxite shipping performance for the month of October. The company shipped 504,000 wet metric tonnes of bauxite in October, the strongest monthly performance since operations commenced in A...

FinFeed MMI 9 months ago
Metro Mining strengthens board through director appointment

New director Lucas Dow brings practical business and mining experience to Metro’s board.

Proactive Investors MMI 9 months ago
Metro Mining generates EBITDA of $22.3 million in September quarter

Metro Mining Ltd (ASX:MMI) shipped approximately 1.4 million wet metric tonnes (WMT) of bauxite in the September quarter, exceeding budget by 13%. The company generated $79.5 million from sales and underlying earnings of $22.3 million with...

FinFeed MMI 9 months ago
Metro Mining completes Stage 2 expansion DFS for its Bauxite Hills Mine

The expansion DFS envisages Bauxite Hills as one of the lowest cost and largest independent producers of bauxite in the market.

Proactive Investors MMI 9 months ago
Metro's bauxite expansion takes shape

BAUXITE producer Metro Mining is in “advanced” discussions with debt financiers to refinance the company's existing facility and provide funding for a ...

Mining News MMI 9 months ago
MMI delivers positive DFS that will see it increase bauxite production capacity

Metro Mining (ASX:MMI) has completed the Definitive Feasibility Study (DFS) for the Stage 2 expansion of the Bauxite Hills Mine located in Cape York, Queensland. As reported by Finfeed last week, the release of the DFS, could be a game chan...

FinFeed MMI 9 months ago
Metro in the bush of FNQ showing how mining should be done

AS IT gets set to unveil a big expansion, Metro Mining and its thriving Bauxite Hills operation north of Weipa in far north Queensland looks a very rare ...

Mining News MMI 9 months ago
Metro Mining Reports Strongest Bauxite Hills Production Results in September

Headquartered in Australia, Metro Mining Limited (ASX: MMI) is an emerging bauxite explorer and mining firm. The company’s flagship project is the Bauxite Hills Mine, which is one of the largest independent projects within world renowned We...

Kalkine Media MMI 9 months ago
Metro Mining starts to motor ahead of transformational DFS

It appears that investors are finally starting to realise the underlying value in Metro Mining Ltd’s (ASX:MMI) bauxite operations with company shares surging 13% under high volumes on Thursday. The volumes traded up till mid-afternoon on Th...

FinFeed MMI 9 months ago
Metro Mining delivers solid September production guidance

Metro mines bauxite from its Bauxite Hills Mine in Far North Queensland.

Proactive Investors MMI 10 months ago
Metro Mining delivers solid bauxite production in September

Metro mines bauxite from its Bauxite Hills Mine in Far North Queensland.

Proactive Investors MMI 10 months ago
Metro Mining continues strong operating performance at Bauxite Hills

Upgrading haulage and transhipment fleets and duplicating screening capability have had a positive impact on the bauxite operation.

Proactive Investors MMI 11 months ago
Short & Caught: The stocks investors are shorting right now

Short & Caught is Stockhead’s fortnightly recap of which ASX small cap stocks are heavily shorted. Stocks that are shorted have investors betting that they fall. Shorting works by “selling” stocks you do not actually own in the hope of...

Stockhead MMI 11 months ago