Metro Mining (ASX: MMI) is pleased to provide production and shipping results for July 2020.
July mining was slightly ahead of budget and in line with performance achieved year to date. Shipping was marginally down due to two days lost as a result of a belt replacement on the barge loading facility and some downtime as a result of unusually high swell conditions for this time of year. Compared with the same time last year Metro exceeded on its shipping and recorded an increase of 31%.
Metro Mining Managing Director & Chief Executive Officer, Simon Finnis, said: 'Operational performance remains solid and I commend the team on site for remaining committed to outstanding performance whilst ensuring safety remains at the forefront during these unprecedented and unsettling times. '
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FORWARD LOOKING STATEMENT
Statements & material contained in this ASX Release, particularly those regarding possible or assumed future performance, production levels or rates, commodity prices, resources or potential growth of Metro Mining, industry growth or other trend projections are, or may be, forward looking statements. Such statements relate to future events & expectations and, as such, involve known and unknown risks & uncertainties. Although reasonable care has been taken to ensure facts stated in this Release are accurate and/or that the opinions expressed are fair & reasonable, no reliance can be placed for any purpose whatsoever on the information contained in this document or on its completeness. Actual results & developments may differ materially from those expressed or implied by these forward-looking statements depending on a variety of factors. Nothing in this Release should be construed as either an offer to sell or a solicitation of an offer
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