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Metals Exploration improves guidance after record results

London-listed, Philippines-focused Metals Exploration has lifted its 2023 gold production guidance by 14% at the mid-point to 78,000-81,000oz following better-than-expected results at its Runruno open pit mining operation.

Nathan Richardson
Metals Exploration improves guidance after record results

All-in sustaining costs guidance for the year was lowered to US$1120-$1200/oz from $1250-$1300/oz. The guidance revision followed April-June production of 24,235oz, which took production for the year's...

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