Alphamin Resources Corp. reports a 28% Q2 tin production increase to 4,027 tonnes due to Mpama South expansion.
Alphamin Resources Corp. announced a 28% increase in Q2 tin production to 4,027 tonnes, up from the prior quarter, attributing the rise to Mpama South expansion. Second quarter tin sales were 3,245 tonnes, with higher stocks expected to clear in Q3. EBITDA3 guidance for the quarter is US$54.2m, up 4% from the previous quarter. The company's Bisie mine in the DRC aims to increase output by 65% to 20,000 tons this year.
July 10, 2024
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