Metro Mining Limited provided production guidance for the year 2022. Since the release of the second quarter 2022 Activities Report the operation has experienced further shipping delays due to unseasonably adverse weather. The additional shipping delays has reduced the likelihood of Metro achieving the upper end of the previous guidance given the existing floating crane capacity.

On this basis, the 2022 production guidance has been revised to a range of 3.6 to 3.8 million wet metric tonnes (WMT), reduced from a range of 3.6 to 4.0 million WMT as communicated in the second quarter 2022 activities report.