Metals Exploration (“MTL”) has announced that processing operations at the company’s Runruno mine in the Philippines have been impacted by cyanide contamination of the BIOX circuit. This has been caused by illegal mining upstream of the mine contaminating water and ore within the operation. Management has indicated that this will result in a six week deferral of production during Q3, however, production guidance for the year has been maintained at 70koz-75koz. We have trimmed our Q3 production e ....
