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ALPHAMIN PROVIDES Q3 2025 OPERATIONAL UPDATE
Globenewswire· 2025-10-07 21:01
Core Viewpoint - Alphamin Resources Corp. reported a strong operational update for Q3 2025, highlighting significant increases in tin production and sales, alongside improved financial metrics such as EBITDA and AISC. Operational and Financial Performance - Contained tin production reached 5,190 tonnes for Q3 2025, a 26% increase from the previous quarter and in line with the target of 5,000 tonnes [2][8] - The average tin grade processed was 3.09% Sn, slightly down by 2% from the previous quarter [1] - Overall plant recovery averaged 76%, a minor decrease from 77% in Q2 2025 [1][2] - Contained tin sales were 5,143 tonnes, reflecting a 12% increase from the prior quarter [3][8] Financial Metrics - EBITDA guidance for Q3 2025 is projected at US$96 million, a 28% increase from the previous quarter's actual of US$75 million [5][8] - AISC per tonne of tin sold is estimated at US$15,900, down 3% from US$16,387 in Q2 2025 [4][8] - The average tin price achieved was US$33,877 per tonne, a 4% increase from the prior quarter [3][8] Cash Position - The company had US$57 million in cash as of September 30, 2025, down from US$110 million at the end of June 2025, due to tax payments and dividend distributions [6][8] Production Guidance - The company expects to produce approximately 5,000 tonnes of contained tin in the final quarter of FY2025, raising the annual production guidance to between 18,000 and 18,500 tonnes, up from the previous estimate of 17,500 tonnes [5][8] Exploration Update - Exploration drilling at Mpama North and Mpama South has resumed, with significant assay results indicating promising tin intercepts [9][15] - The exploration strategy aims to increase the resource base and discover new tin deposits in proximity to the Bisie mine [14][9]