CML5

Metals Acquisition Limited Announces March 2024 Quarterly Activities Report

Retrieved on: 
Monday, April 29, 2024
Mining, Minerals, Natural Resources, CFO, Environmental management system, Resource, Mineral Resources Limited, Human, NSW, MAC, Erosion, RWI, CDI, Inference, Safety, ASX, SQUID, Multimedia, CML5, Anomaly, ISO14001, Growth, Measurement, Uranium mining

View the full release here: https://www.businesswire.com/news/home/20240429865979/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240429865979/en/
    Figure 1 - CSA Copper Mine Recordable Injuries by Quarter (Graphic: Business Wire)
    Metals Acquisition Limited ARBN 671 963 198 (NYSE: MTAL; ASX: MAC), a private limited company incorporated under the laws of Jersey, Channel Islands (“MAC” or the “Company”) is pleased to release its March 2024 quarterly activities report (“Q1 2024” or “March quarter”).
  • Liquidity of ~US$100 million as at 31 March 2024, expected to increase in the current quarter on the back of strong copper price.
  • Drillhole UDD22135 was surveyed, which drilled through QTSC and some 400m east of the deposit, DHEM results are expected in Q2 2024.
  • Current works to complete for April 2024 is screening of material to be used in Stage 10.