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IN BRIEF: Metals Exploration closes Runruno mine following fatality

ALN

Metals Exploration PLC - London-based, Philippines-focused gold producer - Notes fatality at Runruno mine, which is unconnected to any of the ongoing operational activities. Says Runruno will remain closed for 24 hours while the authorities finish their mandatory investigations. It is understood by Metals Exploration that no other parties were involved and that the authorities are not treating the death as an industrial related incident. ‘The company takes a loss of life incident, however caused, very seriously and to ensure the health and wellbeing of the workforce is upheld at all times,’ it adds.

Current stock price: 1.90 pence, down 2.6% in London on Tuesday

12-month change: up 76%

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