Metals Exploration said it poured 24% more gold at its Runruno gold-molybdenum project in the Philippines in the fourth quarter compared to the third.
The company said the operation poured 11,236 ounces of gold, an improvement on 9,085 ounces poured in the third quarter.
Construction of an overflow waste dump got underway which, when commissioned, would further improve mining efficiencies, the company said.
A total of 10,612 ounces of gold were sold during the quarter at an average realised gold price of $1,267.45 per ounce.
At 8:06am: (LON:MTL) Metals Exploration PLC share price was -0.13p at 3.38p