Metals Exploration PLC (LSE:MTL) has announced a six-week postponement of gold production at its Runruno operation due to cyanide contamination in the BIOX circuit, attributed to illegal mining activity. The company expects to achieve its full-year 2025 production target, though likely at the lower end of the forecast range, and has introduced enhanced monitoring measures to prevent similar issues in the future.
About Metals Exploration PLC
Metals Exploration PLC is a gold-focused production, exploration, and development company with assets in the Philippines and Nicaragua. The firm specializes in advancing mining operations while targeting sustainable and efficient gold extraction.
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