Alphamin Resources Corp. announced that it has been informed by its auditors that due to their additional risk assessment requirements related to the uncertainty created by the COVID-19 pandemic and their limitations on people movement, they are required to perform a further COVID-19 specific risk assessment on the Company and that they will not be [...]
Alphamin Resources Corp. is pleased to announce: A proposed non-brokered private placement of up to US$35m at C$0.14 per share as a prepayment against US$98m of senior secured debt Agreement in principle for: up to 31% reduction in debt resulting in significantly reduced interest rates on the outstanding balance, improved debt covenants and debt [...]
Alphamin Resources Corp. is pleased to provide the following production update for the most recent quarter ended March 2020: Contained tin production of 2,119 tons – at mid point of previous guidance range Processing recoveries of 71% - in line with target Plant throughput up 19% Q2 2020 production guidance of 2,400 - 2,600 tons contained tin [...]
Alphamin Resources Corp. is pleased to announce that it’s 80.75% subsidiary, Alphamin Bisie Mining SA , has exercised its previously announced option with senior lenders to defer debt capital repayments. As announced on 16 October 2019, the Company’s lender consortium granted an option to ABM to elect to amend quarterly debt capital [...]
Alphamin Resources Corp. wishes to highlight some of the key technical results of its newly filed updated NI 43-101 technical report for the Bisie Tin mine located in the Democratic Republic of Congo. The results include an improved Life of Mine profile and changes in Mineral Reserves and Resources. Updated Mineral Resources: Mineral Resources were [...]
Alphamin Resources Corp. is pleased to announce that, further to its news release of February 3, 2020, the Company has filed a report in accordance with the requirements of the National Instrument 43-101 , “Standards of Disclosure for Mineral Projects”, of the Canadian Securities Administrators and has lodged the said report on the [...]
Alphamin Resources Corp. is pleased to provide the following operational update for the quarter ended December 2019: Bridge repair completed and officially opened on 25 January 2020 Q4 2019 Tin production of 2,235 tons – at the upper end of our guidance range AISC per ton of tin produced at US$12,426, in line with previous guidance and [...]
Alphamin Resources Corp. is pleased to provide the following operational update: Step change in processing recoveries to 70% following plant modifications Q4 2019 tin production expected at upper end of the previous guidance range Processing solution to high arsenic confirmed for implementation early January 2020 Bridge repair progressing with [...]
Alphamin Resources Corp. is pleased to announce financial and operating results for the three months ended September 30, 2019. All financial figures are in U.S. dollars. Highlights: Quarterly Tin production up 269% to 2,345 tons contained Plant performance up 50% and overall recoveries improved to 65% during August and September 2019 Commercial [...]
Alphamin Resources Corp. reports that on 30 October 2019, a major bridge has collapsed some 53km south east of Kisangani along the main provincial road used for exporting all concentrate and importing major consumables. The extent of the damage and potential time to repair the bridge is currently unknown. We are investigating the most cost [...]
Alphamin Resources Corp. is pleased to announce its production and sales report for the quarter ended September 30, 2019. Quarterly Highlights: Tin production up 269% over prior quarter to 2,345 tons contained Plant performance up 50% over the prior quarter and overall recoveries improved to 65% during the months of August and September 2019 [...]
Alphamin Resources Corp. is pleased to announce financial and operating results for the three and six months ended June 30, 2019. All financial figures are in U.S. dollars. Operational Highlights: Excellent safety performance with zero lost time injuries during the quarter Plant performance and overall recoveries significantly improved post [...]
