Metro Mining Scores Healthy September Shipping Numbers

THE DRILL SERGEANT: Metro Mining (ASX: MMI) had just as good a September as the Richmond Football Club by hitting production levels across all areas at the company’s Bauxite Hills project at the strongest levels since operations commenced.

Metro Mining put the achievement down to greater consistency, which in turn led to improved productivity that was evident across all aspects of the logistics chain.

The company indicated that mining and haulage is benefitting from excellent machine availabilities, its barge loading facility is now sustainable at higher levels, and ship loading rates have been assisted by better productivity and returning vessels that have previously performed strongly.

“The mining and shipping results continue to improve as we build our operational knowledge and experience,” Metro Mining managing director and CEO Simon Finnis said in the company’s announcement to the Australian Securities Exchange.

“Recent incremental changes to our haulage, loading and transhipping systems are yielding positive results and reflect the commitment and dedication of the entire team, particularly in identifying areas of process improvement.

“The mine is ideally placed to maintain current levels for the remainder of the operating year and is on track to meet the production and shipping guidance of 3.3 to 3.5 million wet metric tonnes for 2019.”