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Alphamin Resources Announces Record Q1 2022 EBITDA Guidance of US$98M/ Tin Sold up 9% to 3,336 Tonnes for the Quarter
GRAND BAIE, Mauritius, April 04, 2022 (GLOBE NEWSWIRE) -- Alphamin Resources Corp. (AFM:TSXV, APH:JSE AltX)( “Alphamin” or the “Company”), a producer of 4% of t
About this update from Alphamin Resources Corp.
[{"type":"text","content":" GRAND BAIE, Mauritius, April 04, 2022 (GLOBE NEWSWIRE) -- Alphamin Resources Corp. (AFM:TSXV, APH:JSE AltX)( “Alphamin” or the “Company”), a producer of 4% of the world’s mined tin1 from its high grade operation in the Democratic Republic of Congo, is pleased to provide the following operational update for the quarter ended March 2022: Record Q1 EBITDA4 guidance of US$98m, up 32% from prior quarter actual Contained tin sold up 9% from the prior quarter to 3,336 tonnes Record plant recovery of 78% achieved (previous quarter: 75%) Net cash position increases to US$129.5m, after a US$30m dividend payment Operational and Financial Summary for the Quarter ended March 20222 Description Units Actual Quarter ended Quarter ended Changes March 2022 December 2021 Ore Processed Tonnes &...