Alphamin Resources: Mpama South commissioning update

Alphamin Resources, a producer of 4% of the world’s mined tin from its high-grade operation in the DRC, has provided the following updates for the Q1 2024:

• EBITDA4 guidance of US$52 million, up 156% from the prior quarter
• Tin sales of 4,126 t, up 102% due to delayed sales the previous quarter
• Tin production of 3,142 t
• Mpama South commissioning update

Alphamin Resources: Mpama South commissioning update

Commissioning of the Mpama South processing plant is progressing well albeit a few weeks behind its target of tin production from early April 2024. The Company’s processing and engineering team is now part of the final commissioning and the SMPPEI (structural, mechanical, piping and platework, electrical and instrumentation) contractor’s labour complement is reducing as its activities scale down.

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