Metals Exploration (“MTL”) has released a development update for the La India project in Nicaragua, with first gold remaining on track for December 2026. Construction continues to progress across the main workstreams, with structural, mechanical, piping and electrical installation ~50% complete, civil foundations ~92% complete and the Tailings Storage Facility (“TSF”) ~60% complete. Importantly, the 2MW grid connection has now been completed and energised. MTL has also completed a US$27m equipme ....
21 Aug 2026
Metals Exploration: La India remains on track for first gold in December; equipment financing completed
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Metals Exploration: La India remains on track for first gold in December; equipment financing completed
Metals Exploration plc (MTL:LON) | 15.4 0.1 3.8% | Mkt Cap: 472.5m
- Published:
21 Aug 2026 -
Author:
Jonathan Guy -
Pages:
4 -
Metals Exploration (“MTL”) has released a development update for the La India project in Nicaragua, with first gold remaining on track for December 2026. Construction continues to progress across the main workstreams, with structural, mechanical, piping and electrical installation ~50% complete, civil foundations ~92% complete and the Tailings Storage Facility (“TSF”) ~60% complete. Importantly, the 2MW grid connection has now been completed and energised. MTL has also completed a US$27m equipme ....