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AMREP Corp T.AXR


Primary Symbol: AXR

AMREP Corporation, through its subsidiaries, is a holder of land, developer of real estate and homebuilder in New Mexico. The Company operates through two business segments: land development and homebuilding. The land development segment offers for sale both developed and undeveloped real property to national, regional and local homebuilders, commercial and industrial property developers and others. Activities conducted or arranged by the Company include land and site planning, obtaining governmental and environmental approvals (entitlements), installing utilities and storm drains, ensuring the availability of water service, building or improving roads necessary for land development and constructing community amenities. The homebuilding segment offers a variety of home floor plans and elevations at different prices and with varying levels of options and amenities to meet the needs of homebuyers. The Company focuses on selling single-family detached and attached homes.


NYSE:AXR - Post by User

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Post by Jean33on Dec 07, 2021 12:40am
225 Views
Post# 34204988

Axu part 3

Axu part 3

2019 Alexco files positive independent pre-feasibility study for expanded silver production at KHSD, completes surface infrastructure projects at Bermingham, and advances the KHSD to the final permitting stage by receiving the Quartz Mining License for the KHSD in Q4. The Company completes over 11,000 m of surface exploration and intercepts high-grade mineralization at the Bermingham Deep target.
 
2020 Alexco announces commissioning and initial concentrate production at Keno Hill. The company receives final water use License for Keno Hill and is moving forward with final development of its mines. The company also amends streaming agreement with Wheaton. ERDC completes the environmental assessment process for the Keno Hill Closure Plan. Alexco Environmental Group was sold in February 2020.
 
2021 Alexco completes a significant drilling program on Bermingham Northeast Deep in 2021. Expands the mineral reserve by 22% to 1.44 million tonnes, and completes the first silver-rich concentrate shipment in January.
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