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Alphamin Resources Corp. V.AFM

Alternate Symbol(s):  AFMJF

Alphamin Resources Corp. is a Mauritius-based company, which is engaged in the production and sale of tin concentrate from the Bisie Tin mine in the Democratic Republic of the Congo (DRC). The Company sells its product to one customer, Gerald Metals SA. The Company’s Mpama South development project is adjacent to the producing Mpama North mine and comprises a new underground development portal, processing plant and associated equipment. The Company has developed and brought the Bisie Tin Mine project in production. The Company’s subsidiaries include Alphamin Bisie Mining SA, Alphamin South Africa (Pty) Limited, Alphamin Holdings (BVI) Ltd, and Alphamin Holdings (BVI) Ltd.


TSXV:AFM - Post by User

Post by figtraderon Mar 02, 2023 2:39pm
189 Views
Post# 35315730

Article on how & why Bisie mine is lowest cost producer

Article on how & why Bisie mine is lowest cost producerhttps://www.canadianminingjournal.com/news/case-study-gekko-ipj-boosts-efficiency-at-bisie-tin-mine-in-congo/
Not only is this the highest grade tin deposit in the world by far, but production costs have been reduced since built.
Interesting couple of points here:
1) fine tuning has increased production above design and cost
2) reference to THREE phases of Bise develpment with the first as Mpama North and second as Mpama South

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