Nov. 7, 2019 - 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.
Bauxite Hills Mine is consistently performing at or above budget requirements
Metro Mining Ltd returned another strong operational performance at Bauxite Hills Mine in Far North Queensland during October with shipment levels of 504,000 wet metric tonnes (wmt).
This was the strongest monthly performance since operations began in April last year.
Transhipment activities continue to benefit from good weather conditions and seasonal high tides with loading rates maintained above 16,000 tonnes per day.
Metro Mining managing director and CEO Simon Finnis said, “The mining and shipping results are now consistently performing at or above our budget requirements; reflecting enhanced operational knowledge and experience.
“I anticipate a strong finish to the 2019 operating season and Bauxite Hills remains on track to meet the production and shipping guidance of 3.3-3.5 million wmt.”
Campaign crushing of over-sized stockpiles at the port was undertaken during the month.
This meant that less ROM bauxite was required to be mined to meet sales commitments.
During October there were 479,000 wmt mined, down from 501,000 wmt in September while the daily mining rate was 15,452 wmt, down from 16,696 wmt the previous month.
Up until October 31 the company had mined 2.779 million wmt during the year and shipped 2.756 million wmt.