Articles On Metro Mining (ASX:MMI)

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.

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...

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...

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...

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

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...

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.

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...

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.”

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...

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...

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

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...

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...

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...

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.

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.

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...

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

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...

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

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

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...

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 ...

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...

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...

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

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

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

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...

Metro is confident of maintaining these levels throughout the year and remains on track to meet production and shipping guidance of 3.3-3.5 million tonnes.

Bauxite, a natural product of weathering, is a major source of alumina production, which is further used to extract primary aluminium. Australia is the world’s top producer of bauxite and captures a significant share of the global bauxite s...

The changing landscape of the bauxite market means ASX-listed small caps can now be just as competitive, possibly even more so, than their much larger counterparts. Bauxite isn’t exactly a “sexy” commodity and it’s definitely not scarce, bu...

The Queensland Government has added another eight large resources projects to its ban for fly-in fly-out (FIFO) recruitment in support of jobs for local communities. The eight projects are Baralaba North (Baralaba Coal Company), Barbara (Ro...

The conditions on and off the water couldn’t have been better at last week’s Noosa Mining and Exploration Conference. As we mentioned last week, this is one of the few conferences globally that could genuinely be tagged as family friendly,...

Two important mining stocks, Metro Mining Limited (ASX: MMI) and Pacifico Minerals Limited (ASX: PMY) have expertise in Bauxite and Lead segments, respectively. Let’s see how the recent updates in the companies are affecting their stock per...

BAUXITE producer Metro Mining generated earnings of A$5.7 million in the month of June from its Bauxite Hills operation in northern Queensland, ...

The increase in reserve is largely due to the conversion of existing resources.

Metro Mining has updated its reserves at the Bauxite Hills mine in Queensland, resulting in a significant upgrade to the company’s alumina and silica output. The news comes after Metro recommenced its Bauxite Hills operations last month, ha...

The company is on track to meet its production and shipping guidance of 3.3-3.5 million wet metric tonnes for 2019.

04 Jul 2019 - Metro Mining (ASX:MMI) have released their June quarter results showing a steady ramp up at The Bauxite Hills Mine during the quarter, achieving consistent results on…

One of the biggest annual mass migrations of junior mining and exploration company CEOs to warmer climes is about to take place. They are off to the Noosa Mining & Exploration Investor Conference where delegate registrations are said to...

Metro Mining has signed a contract with state-owned Chinese company Aluminum Group to deliver 420,000 wet metric tonnes of bauxite in the second half of this year. The contract is based on market pricing, with typical bonus and penalty clau...

This contract complements existing binding offtake agreements, including a foundation contract with Xinfa for delivery of 7 million tonnes from 2018-2021.

Fleet equipment (7,000-tonne barges & triple-set trailers) for the expansion has been commissioned on-site and is performing as expected.

The company’s flagship project is the Bauxite Hills Mine within the internationally acclaimed Weipa Bauxite region.