Interim Results
Original announcement by lse on
- Company
- Metals Exploration plc
- Ticker
- MTL
- Exchange
- LSE
- Region
- Unavailable
- Primary commodity
- Gold
- Secondary commodities
- Copper
- Document categories
- Drill results, Production, Other, Metallurgy
- Extracted
- 2026-09-30 09:07:44 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Metals Exploration plc announced positive interim results for H1 2026, reporting $54.7 million in free cash flow and $55.9 million in EBITDA. The La India gold project in Nicaragua is 74.4% complete and remains on track for its first gold pour in December 2026, supported by a new $27 million equipment financing facility. While production at the Runruno mine in the Philippines saw a planned decline in grades and recoveries as operations wind down, the company is advancing new exploration projects, including the Batong Buhay Porphyry Copper-Gold Project.
Reasoning: Metals Exploration plc reported positive interim financial results and significant progress on its key La India gold project, which is on track for first gold pour. While production at the Runruno mine is declining as planned, the company is advancing new exploration, and secured additional financing, indicating a positive outlook despite some cost and operational risks.
Positive factors
- La India gold project development on track for first gold pour in December 2026
- La India project 74.4% complete as of report date
- Positive free cash flow of US$54.7 million from operations
- Secured US$27 million equipment financing facility
- Strong safety record with no lost time injuries at La India and Runruno
- New exploration tenements granted in La Crecia area with maiden drill program underway
Negative factors
- Runruno production decline with lower grades and recoveries as operations wind down
- La India project costs impacted by higher logistics expenses and import duties
- Main-grid power transmission connection for La India remains a risk due to third-party delivery
- Historical drill results for Batong Buhay are non-JORC compliant and lack metal equivalent assumptions
Low confidence — this extraction should be reviewed alongside the original source.
Facts used in scoring: 13
Classification and evidence
Low Recoverynegative · Story-specific tag
Recovery below the weak band for the commodity and processing route.
Why it applies: The average overall gold recovery at Runruno in H1 2026 was 80.7%, which is below the weak band (85%) for mill_cil processing and significantly lower than the 91.4% achieved in H1 2025.
Evidence · text
“Average overall gold recovery in H1 2026 was 80.7% (H1 2025: 91.4%).”
Recovery Stagnantnegative · Story-specific tag
No improvement across multiple test programs on comparable material.
Why it applies: The recovery rate at Runruno declined from 91.4% in H1 2025 to 80.7% in H1 2026, indicating a negative trend rather than improvement.
Evidence · text
“Average overall gold recovery in H1 2026 was 80.7% (H1 2025: 91.4%).”
Historical Estimate Onlynegative · Story-specific tag
Estimate pre-dates or does not comply with current JORC/NI 43-101 standards — requires verification drilling.
Why it applies: The Batong Buhay project's resource is described as 'historical non-JORC compliant' and was drilled in the late 1970s.
Evidence · text
“Batong Buhay was drilled in the late 1970s via a 21-hole drilling programme. The main porphyry target, Dickson, has a historical non-JORC compliant resource of 86.9 million tonnes at 0.83% copper equivalent (“CuEq”) from surface.”
Metal Equivalent Opaquenegative · Story-specific tag
Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.
Why it applies: The historical resource for Batong Buhay reports a copper equivalent grade (0.83% CuEq) and individual drill intercepts also show CuEq, but no price, recovery, or payability assumptions are disclosed for its calculation.
Evidence · text
“historical non-JORC compliant resource of 86.9 million tonnes at 0.83% copper equivalent (“CuEq”)”
Nearology Playneutral · Story-specific tag
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: The Batong Buhay project is positioned by its proximity to the Runruno mine, being 'Located c. 200km north of Runruno'.
Evidence · text
“Located c. 200km north of Runruno, Batong Buhay was drilled in the late 1970s”
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: the document describes a mill_cil route ("CIL")
POX/BIOX Routeneutral
Pressure or bio-oxidation for refractory ore — high CAPEX and OPEX.
Why it applies: the document describes a pox_biox route ("BIOX")
Extracted facts
Stored fact records: 13. Some facts used in scoring do not have a stored record.
Drill Results (10)
DDH-6ABatong Buhay Porphyry · copperGrade: 0.92Grade Unit: %Intercept: 160.93 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- DDH-6A
- Project
- Batong Buhay Porphyry
- Commodity
- copper
- Region
- philippines
- Reported Region
- philippines
- Ticker
- MTL
Geometry
- Grade
- 0.92
- Grade Unit
- %
- Intercept
- 160.93 m
Classification
- Deposit Type
- porphyry
- Program
- exploration
- Sample Type
- drill
QA/QC
- QA/QC Methods
- standards
Metal Equivalent
- Metal Eq. Grade
- 1.48
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- No
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This historical intercept shows a strong copper grade over a significant length for a porphyry deposit, indicating potential, but its age and non-compliant nature reduce confidence and novelty.
Positive factors
- Strong copper grade for a porphyry deposit
- Significant intercept length
Negative factors
- Historical data from late 1970s, non-JORC compliant
- Metal equivalent assumptions not disclosed
Evidence · text
“DDH-6A, 160.93m at 0.92% copper (“Cu”)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Metal Equivalent Opaquenegative
Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.
Why it applies: an equivalent grade is reported without its assumptions
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
DDH-6ABatong Buhay Porphyry · goldGrade: 0.6Grade Unit: g/tIntercept: 160.93 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- DDH-6A
- Project
- Batong Buhay Porphyry
- Commodity
- gold
- Region
- philippines
- Reported Region
- philippines
- Ticker
- MTL
Geometry
- Grade
- 0.6
- Grade Unit
- g/t
- Intercept
- 160.93 m
Classification
- Deposit Type
- porphyry
- Program
- exploration
- Sample Type
- drill
QA/QC
- QA/QC Methods
- standards
Metal Equivalent
- Metal Eq. Grade
- 1.48
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- No
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This historical intercept shows a moderate gold grade over a significant length for a porphyry deposit, indicating potential, but its age and non-compliant nature reduce confidence and novelty.
Positive factors
- Moderate gold grade for a porphyry deposit
- Significant intercept length
Negative factors
- Historical data from late 1970s, non-JORC compliant
- Metal equivalent assumptions not disclosed
Evidence · text
“0.60 g/t gold (“Au”)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Metal Equivalent Opaquenegative
Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.
Why it applies: an equivalent grade is reported without its assumptions
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
DDH-10Batong Buhay Porphyry · copperGrade: 0.73Grade Unit: %Intercept: 182.88 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- DDH-10
- Project
- Batong Buhay Porphyry
- Commodity
- copper
- Region
- philippines
- Reported Region
- philippines
- Ticker
- MTL
Geometry
- Grade
- 0.73
- Grade Unit
- %
- Intercept
- 182.88 m
Classification
- Deposit Type
- porphyry
- Program
- exploration
- Sample Type
- drill
QA/QC
- QA/QC Methods
- standards
Metal Equivalent
- Metal Eq. Grade
- 1.06
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- No
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This historical intercept shows a moderate copper grade over a significant length for a porphyry deposit, indicating potential, but its age and non-compliant nature reduce confidence and novelty.
Positive factors
- Moderate copper grade for a porphyry deposit
- Significant intercept length
Negative factors
- Historical data from late 1970s, non-JORC compliant
- Metal equivalent assumptions not disclosed
Evidence · text
“DDH-10, 182.88m at 0.73% Cu”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Metal Equivalent Opaquenegative
Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.
Why it applies: an equivalent grade is reported without its assumptions
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
DDH-10Batong Buhay Porphyry · goldGrade: 0.36Grade Unit: g/tIntercept: 182.88 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- DDH-10
- Project
- Batong Buhay Porphyry
- Commodity
- gold
- Region
- philippines
- Reported Region
- philippines
- Ticker
- MTL
Geometry
- Grade
- 0.36
- Grade Unit
- g/t
- Intercept
- 182.88 m
Classification
- Deposit Type
- porphyry
- Program
- exploration
- Sample Type
- drill
QA/QC
- QA/QC Methods
- standards
Metal Equivalent
- Metal Eq. Grade
- 1.06
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- No
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This historical intercept shows a weak gold grade over a significant length for a porphyry deposit, indicating potential, but its age and non-compliant nature reduce confidence and novelty.
Positive factors
- Weak gold grade for a porphyry deposit
- Significant intercept length
Negative factors
- Historical data from late 1970s, non-JORC compliant
- Metal equivalent assumptions not disclosed
Evidence · text
“0.36 g/t Au”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Metal Equivalent Opaquenegative
Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.
Why it applies: an equivalent grade is reported without its assumptions
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
DDH-12Batong Buhay Porphyry · copperGrade: 0.33Grade Unit: %Intercept: 173.74 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- DDH-12
- Project
- Batong Buhay Porphyry
- Commodity
- copper
- Region
- philippines
- Reported Region
- philippines
- Ticker
- MTL
Geometry
- Grade
- 0.33
- Grade Unit
- %
- Intercept
- 173.74 m
Classification
- Deposit Type
- porphyry
- Program
- exploration
- Sample Type
- drill
QA/QC
- QA/QC Methods
- standards
Metal Equivalent
- Metal Eq. Grade
- 1.21
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- No
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This historical intercept shows a weak copper grade over a significant length for a porphyry deposit, indicating potential, but its age and non-compliant nature reduce confidence and novelty.
Positive factors
- Weak copper grade for a porphyry deposit
- Significant intercept length
Negative factors
- Historical data from late 1970s, non-JORC compliant
- Metal equivalent assumptions not disclosed
Evidence · text
“DDH-12, 173.74m at 0.33% Cu”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Metal Equivalent Opaquenegative
Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.
Why it applies: an equivalent grade is reported without its assumptions
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
DDH-12Batong Buhay Porphyry · goldGrade: 0.95Grade Unit: g/tIntercept: 173.74 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- DDH-12
- Project
- Batong Buhay Porphyry
- Commodity
- gold
- Region
- philippines
- Reported Region
- philippines
- Ticker
- MTL
Geometry
- Grade
- 0.95
- Grade Unit
- g/t
- Intercept
- 173.74 m
Classification
- Deposit Type
- porphyry
- Program
- exploration
- Sample Type
- drill
QA/QC
- QA/QC Methods
- standards
Metal Equivalent
- Metal Eq. Grade
- 1.21
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- No
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This historical intercept shows a strong gold grade over a significant length for a porphyry deposit, indicating potential, but its age and non-compliant nature reduce confidence and novelty.
Positive factors
- Strong gold grade for a porphyry deposit
- Significant intercept length
Negative factors
- Historical data from late 1970s, non-JORC compliant
- Metal equivalent assumptions not disclosed
Evidence · text
“0.95 g/t Au”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Metal Equivalent Opaquenegative
Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.
Why it applies: an equivalent grade is reported without its assumptions
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
DDH-02Batong Buhay Porphyry · copperGrade: 1.15Grade Unit: %Intercept: 198.12 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- DDH-02
- Project
- Batong Buhay Porphyry
- Commodity
- copper
- Region
- philippines
- Reported Region
- philippines
- Ticker
- MTL
Geometry
- Grade
- 1.15
- Grade Unit
- %
- Intercept
- 198.12 m
Classification
- Deposit Type
- porphyry
- Program
- exploration
- Sample Type
- drill
QA/QC
- QA/QC Methods
- standards
Metal Equivalent
- Metal Eq. Grade
- 1.24
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- No
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This historical intercept shows a strong copper grade over a significant length for a porphyry deposit, indicating potential, but its age and non-compliant nature reduce confidence and novelty.
Positive factors
- Strong copper grade for a porphyry deposit
- Significant intercept length
Negative factors
- Historical data from late 1970s, non-JORC compliant
- Metal equivalent assumptions not disclosed
Evidence · text
“DDH-02, 198.12m at 1.15% Cu”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Metal Equivalent Opaquenegative
Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.
Why it applies: an equivalent grade is reported without its assumptions
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
DDH-02Batong Buhay Porphyry · goldGrade: 0.1Grade Unit: g/tIntercept: 198.12 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- DDH-02
- Project
- Batong Buhay Porphyry
- Commodity
- gold
- Region
- philippines
- Reported Region
- philippines
- Ticker
- MTL
Geometry
- Grade
- 0.1
- Grade Unit
- g/t
- Intercept
- 198.12 m
Classification
- Deposit Type
- porphyry
- Program
- exploration
- Sample Type
- drill
QA/QC
- QA/QC Methods
- standards
Metal Equivalent
- Metal Eq. Grade
- 1.24
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- No
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This historical intercept shows a weak gold grade over a significant length for a porphyry deposit, indicating potential, but its age and non-compliant nature reduce confidence and novelty.
Positive factors
- Significant intercept length
Negative factors
- Weak gold grade for a porphyry deposit
- Historical data from late 1970s, non-JORC compliant
- Metal equivalent assumptions not disclosed
Evidence · text
“0.10 g/t Au”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Metal Equivalent Opaquenegative
Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.
Why it applies: an equivalent grade is reported without its assumptions
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
DDH-01Batong Buhay Porphyry · copperGrade: 0.76Grade Unit: %Intercept: 134.36 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- DDH-01
- Project
- Batong Buhay Porphyry
- Commodity
- copper
- Region
- philippines
- Reported Region
- philippines
- Ticker
- MTL
Geometry
- Grade
- 0.76
- Grade Unit
- %
- Intercept
- 134.36 m
Classification
- Deposit Type
- porphyry
- Program
- exploration
- Sample Type
- drill
QA/QC
- QA/QC Methods
- standards
Metal Equivalent
- Metal Eq. Grade
- 0.91
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- No
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This historical intercept shows a moderate copper grade over a significant length for a porphyry deposit, indicating potential, but its age and non-compliant nature reduce confidence and novelty.
Positive factors
- Moderate copper grade for a porphyry deposit
- Significant intercept length
Negative factors
- Historical data from late 1970s, non-JORC compliant
- Metal equivalent assumptions not disclosed
Evidence · text
“DDH-01, 134.36m at 0.76% Cu”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Metal Equivalent Opaquenegative
Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.
Why it applies: an equivalent grade is reported without its assumptions
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
DDH-01Batong Buhay Porphyry · goldGrade: 0.16Grade Unit: g/tIntercept: 134.36 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- DDH-01
- Project
- Batong Buhay Porphyry
- Commodity
- gold
- Region
- philippines
- Reported Region
- philippines
- Ticker
- MTL
Geometry
- Grade
- 0.16
- Grade Unit
- g/t
- Intercept
- 134.36 m
Classification
- Deposit Type
- porphyry
- Program
- exploration
- Sample Type
- drill
QA/QC
- QA/QC Methods
- standards
Metal Equivalent
- Metal Eq. Grade
- 0.91
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- No
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This historical intercept shows a weak gold grade over a significant length for a porphyry deposit, indicating potential, but its age and non-compliant nature reduce confidence and novelty.
Positive factors
- Significant intercept length
Negative factors
- Weak gold grade for a porphyry deposit
- Historical data from late 1970s, non-JORC compliant
- Metal equivalent assumptions not disclosed
Evidence · text
“0.16 g/t Au”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Metal Equivalent Opaquenegative
Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.
Why it applies: an equivalent grade is reported without its assumptions
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
Metallurgical Results (3)
Fact 1Runruno · goldRecovery: 80.7 %View all detailsHide details
Identity
- Project
- Runruno
- Commodity
- gold
- Ticker
- MTL
Recovery
- Recovery
- 80.7 %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: Production metrics for H1 2026 at Runruno show a decline in ore mined, grades, recovery, and gold produced/sold compared to H1 2025, which is a negative trend, though noted as part of a planned run-down to closure.
Negative factors
- Lower mined grade compared to prior period
- Lower milled grade compared to prior period
- Lower recovery compared to prior period
- Lower gold production compared to prior period
- Lower gold sold compared to prior period
Evidence · table
“566,049”
Context: Ore Mined
Fact 2Runruno · goldRecovery: 91.4 %View all detailsHide details
Identity
- Project
- Runruno
- Commodity
- gold
- Ticker
- MTL
Recovery
- Recovery
- 91.4 %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This is a historical comparative figure for the Runruno project, providing context for the current period's performance.
Evidence · table
“1,028,333”
Context: Ore Mined
Fact 3Runruno · goldRecovery: 88.4 %View all detailsHide details
Identity
- Project
- Runruno
- Commodity
- gold
- Ticker
- MTL
Recovery
- Recovery
- 88.4 %
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-30T00:00:00.000Z
Reasoning: This is a historical comparative figure for the Runruno project, providing context for the current period's performance.
Evidence · table
“2,142,187”
Context: Ore Mined
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.