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Andean Precious Metals lost $4.1 million in Q3 2025 due to lower gold output and higher costs, prompting a strategic asset review.
Andean Precious Metals reported its third quarter 2025 financial results, disclosing revenue of $12.3 million and a net loss of $4.1 million.
The company attributed the loss to increased exploration costs and lower-than-expected gold production at its operations in Peru.
Production totaled 18,500 ounces of gold, down from 21,000 ounces in the same period last year.
The company also announced a strategic review of its mining assets to improve long-term sustainability.
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Andean Precious Metals perdió $ 4.1 millones en el tercer trimestre de 2025 debido a una menor producción de oro y mayores costos, lo que provocó una revisión estratégica de activos.