Alphamin Resources Corp. V.AFM

Alternate Symbol(s): AFMJF

Metals & Mining Industrial Metals & Minerals

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.

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Alphamin Resources Corp.

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Post by geezer21on Mar 08, 2023 2:33am

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Post# 35325134

Mpama South Construction Progressing

This was a over a month ago. So, things have progressed since.

Progress on the processing plant is as follows:

EPCM, bulk earthworks, civils, and SMPPEI contracts have been awarded;
Design and engineering is 75% complete;
Procurement is 96% complete;
Fabrication of structures and platework is 50% complete; and
11% of the processing plant has been moved to site.

https://www.alphaminresources.com/2023/01/30/alphamin-announces-record-annual-tin-production-and-ebitda-guidance-declaration-of-final-fy2022-dividend/