Alphamin Resources Corp. is pleased to announce that it is initiating a phased resumption of operations at the Company's Bisie tin mine in Walikale District, North Kivu Province of east-central Democratic Republic of the Congo . This decision was made after the withdrawal of insurgents eastward from the town of Walikale towards the towns of Nyabiondo and Masisi, more than 130 kms to the east of the Company's mine site [...]
Alphamin Resources Corp. announced today that its board of directors has made the difficult decision to temporarily cease mining operations at the Company's Bisie tin mine in Walikale District, North Kivu Province of east-central Democratic Republic of the Congo . This decision was made after insurgent militant groups have recently advanced westward in the direction of the mine's location in the DRC occupying the towns of [...]
Alphamin Resources Corp. notes recent news reports that insurgents have further continued their advance and seized the city of Bukavu, the second largest city in eastern Democratic Republic of the Congo , following its seizure of the city of Goma in late January. The Company's mine is located in a remote area and, at this time the Company continues to operate within guidance parameters. As a result of the continued [...]
Alphamin Resources Corp. is pleased to provide the following update for the year and quarter ended 31 December 2024: FY2024 tin production of 17,324 tonnes, up 38% from the prior year Q4 tin production of 5,237 tonnes FY2024 EBITDA2,3 guidance of US$274m, an estimated increase of 102% from actual FY2023 Positive exploration results at Mpama North and South FY2025 contained tin production guidance of approximately 20,000 [...]
Alphamin Resources Corp. announced today that, subject to regulatory approval, it has awarded stock options and SAR Equivalent Shares pursuant to its Omnibus Incentive Plan. The Company has granted stock options to acquire an aggregate of 2,400,000 common shares to employees of an Alphamin subsidiary, with each option exercisable for a seven year term to acquire one common share at a price of C$1.10 per share. The options [...]
Alphamin Resources Corp. announced today the filing of its unaudited condensed consolidated financial statements and accompanying Management's Discussion and Analysis for the quarter ended 30 September 2024 on SEDAR+ at www.sedarplus.ca. EBITDA and AISC for the quarter are in line with guidance announced on 3 October 2024. Highlights: Interim FY2024 dividend increased to CAD$0.06 per share and paid on 4 November 2024 [...]
Alphamin Resources is pleased to announce the declaration of an interim FY2024 dividend and provide an operational update for the quarter ended September 2024: Interim FY2024 dividend increased to CAD$0.06 per share Record quarterly tin production of 4,917 tonnes, up 22% from the prior quarter Q3 EBITDA3 guidance of US$91.5m, up 69% from actual EBITDA for the prior quarter Operational and Financial Summary for the Quarter [...]
Alphamin Resources announced today the filing of its unaudited consolidated financial statements and accompanying Management's Discussion and Analysis for the quarter ended 30 June 2024 on SEDAR+, an exploration update and the timing of dividends. Exploration Update Following completion of the Bisie mine expansion, the Company intends to commence with ongoing exploration drilling from Q4 2024. The exploration objectives [...]
Alphamin Resources is pleased to provide the following update for the quarter ended June 2024: Record tin production of 4,027 tonnes, up 28% from the prior quarter Tin sales of 3,245 tonnes, with increased tin stocks from the expansion expected to clear in Q3 EBITDA3 guidance of US$54,2m, up 4% from the prior quarter Operational and Financial Summary for the Quarter ended June 20241. Alphamin indirectly owns 84.14% of its [...]
Alphamin Resources is pleased to announce a major milestone at Mpama South. The new Mpama South processing facility has been producing tin concentrate to sales specification since 14 May 2024. The tin grade of the feed ore was increased from 17 May 2024 following which the focus has been on achieving consistent throughput and producing to targeted processing recoveries. The processing facility has produced 159 tonnes of [...]
Alphamin Resources Corp. announced today the filing of its unaudited consolidated financial statements and accompanying Management's Discussion and Analysis for the first quarter ended 31 March 2024 on SEDAR+ at www.sedarplus.ca and an update on the Mpama South plant commissioning. Tin concentrate production from the new Mpama South plant is imminent with first ore having been successfully introduced on 28 April 2024. The [...]
Alphamin Resources Corp. announced today that its Board of Directors has declared a Final FY2023 cash dividend of CAD$0.03 per share on the common shares. The Dividend will be payable on 24 May, 2024 to shareholders of record as of the close of business on 17 May, 2024. Maritz Smith CEO Alphamin Resources Corp. Tel: +230 269 4166 E-mail: msmith@alphaminresources.com...