TRADING UPDATE: Metals Exploration revenue rises in "strong quarter"
27th Oct 2026 22:53
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - Metals Exploration PLC on Tuesday announced a fatal incident that occurred at the La India construction site in Nicaragua. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
Metals Exploration PLC - Philippines- and Nicaragua-focused Gold production, development and exploration company - Says first gold production at its La India project in Nicaragua remains on track for December 2026, with construction continuing to advance across the process plant. The company has fully drawn its USD27.0 million equipment financing facility, leaving it with cash of GBP25.8 million, or about USD34.5 million. Process plant works include completion of conveyor installation and grinding building structural steel, while the oxygen plant is installed and key semi-autogenous grinding mill components are in position. Lining of the tailings storage facility has also started. Read More
(Alliance News) - Metals Exploration PLC on Friday said first gold production at its La India gold project in Nicaragua remains on track for December 2026, as construction and mining activity continues to advance. Read More
(Alliance News) - Hunting lowers its annual earnings forecast, Spire says a possible bidder's due diligence has concluded and legal firm Knights Group announces an acquisition. Read More
Metals Exploration PLC - copper and gold exploration and production in Philippines and Nicaragua - Reports positive pretax cash flow of USD25.2 million in the second quarter of 2026, down 14% from USD29.4 million in the first quarter, as gold revenue declines by 11% to USD47.1 million from USD52.9 million. Metals Exploration sells 10,552 ounces of gold at an average price of USD4,463 per ounce in the recent quarter. In the first quarter, the company sold 10,505 ounces of gold at an average price USD4,885. Production at its Runruno mining and processing operation in Philippines is 10,946 ounces of gold at an all-in-sustaining cost of USD2,019 per ounce in the second quarter, compared to 10,505 ounces at an all-in cost of USD2,067 in the first. Gold recovery improved to 84% from 77%. Read More
(Alliance News) - Metals Exploration PLC on Monday said it has struck an agreement to explore a copper and gold asset in the Philippines, "of the best" undeveloped assets in the country. Read More
(Alliance News) - Metals Exploration PLC on Friday said it "eagerly" awaits the start of gold production at La India in Nicaragua, as it reported a rise in annual profit as the price of gold surged. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - Metals Exploration PLC on Friday said it had been granted four new mining concessions near its existing Nicaraguan gold mine. Read More
(Alliance News) - Unite Group reports a valuation decline but says it will look to seal more disposals to put towards buybacks. AO World maintains its profit view. Read More
(Alliance News) - Metals Exploration PLC on Monday said construction and development activities at the La India gold project in Nicaragua are continuing to advance ahead of schedule. Read More
(Alliance News) - Baker Steel Resources Trust Ltd on Friday posted strong monthly gains in its net asset value per share, as its portfolio reaped the rewards of firmer commodity prices. Read More
(Alliance News) - Metals Exploration PLC on Friday said recent sampling has found potential to extend the La India gold project, as the company plans a drill programme to confirm findings. Read More
Metals Exploration PLC - London-based miner operator of gold and polybdenum with assets in the Philippines and Nicaragua - announces that mains power was restored on Friday to the Runruno site in Manila following impact of super-typhoon Uwan. Gold processing operations were able to recommence after the five-day pause. Read More
(Alliance News) - Metals Exploration PLC on Friday lowered annual production guidance, noting the impact of extreme weather and cyanide contamination on its Philippines business. Read More
(Alliance News) - Metals Exploration PLC on Monday said full-year production is expected at the lower end of its previous guidance, after processing resumed at its Runruno mine in the Philippines. Read More
(Alliance News) - Metals Exploration PLC on Wednesday said gold processing at its Runruno mine had resumed after a cyanide contamination incident, and was unaffected by a super-typhoon which hit the Phillippines on Monday. Read More