Alphamin Resources Corp. announced today that Mr. Rudolf Pretorius has resigned as a director of the Company. Mr. Pretorius served as an appointee of Tremont Master Holdings since February 2014 and the board of directors wishes to thank him for his contributions to Alphamin during his tenure. Charles Needham Chairman Alphamin Resources Corp. Tel: +230 269 4166 E-mail: msmith@alphaminresources.com Neither the TSX Venture [...]
Alphamin Resources Corp. announced today that it has been advised by its 57% majority shareholder, Tremont Master Holdings , that Tremont has entered into a definitive agreement for the sale of 718,990,967 common shares of the Company, representing approximately 56% of the outstanding common shares, to AbuDhabi-based International Resource Holding at a price of C$0.70 share, or C$503,293,677 in the aggregate, and subject [...]
ABU DHABI, UAE, June 3, 2025 /CNW/ - International Resources Holding and Tremont Master Holdings are pleased to announce that they have entered into a definitive agreement for IRH to acquire Tremont's majority interest in Alphamin Resources Corp. . Under the terms of the Transaction, IRH will, through a wholly-owned subsidiary, acquire 718,990,967 common shares of Alphamin owned by Tremont, representing approximately 56 [...]
Alphamin Resources Corp. is pleased to provide an update following the resumption of tin concentrate production on 15 April 2025. The Company's Bisie tin mine produced 1,290 tonnes of contained tin during the period 15 April 2025 to 11 May 2025 at targeted processing recoveries. Tin production recommenced through the treatment of run-of-mine ore stockpiles, initially from the Mpama North plant folllowed by a restart of [...]
Alphamin Resources is pleased to provide an operational update as follows: Q1 2025 contained tin production of 4,270 tonnes until operations ceased on 13 March 2025 Q1 2025 EBITDA2,3 guidance of US$62m FY2025 contained tin production guidance revised to 17,500 tonnes due to security-related production interruption Phased resumption of tin production commenced on 15 April 2025 Operational and Financial Summary for the [...]
Alphamin Resources is pleased to announce that it is initiating a phased resumption of operations at the Company's Bisie tin mine. This decision was made after the withdrawal of insurgents eastward from the town of Walikale towards the towns of Nyabiondo and Masisi, more than 130 kms to the east of the Company's mine site. The Company intends to redeploy employees as part of a plan to restart tin production in phases [...]
Alphamin Resources announced that its board of directors has made the difficult decision to temporarily cease mining operations at the Company's Bisie tin mine in Walikale District. This decision was made after insurgent militant groups have recently advanced westward in the direction of the mine's location in the DRC occupying the towns of Nyabiondo on 9 March 2025, the capital of the Osso-Banyungu sector located ~110km [...]
Alphamin Resources notes recent news reports that insurgents have further continued their advance and seized the city of Bukavu, the second largest city in Congo, following its seizure of the city of Goma in late January. The Company's mine is located in a remote area and, at this time the Company continues to operate within guidance parameters. As a result of the continued advance of the insurgents, the operating risk [...]
Alphamin Resources Corp. is pleased to provide the following update for the year and quarter ended 31 December 2024: FY2024 tin production of 17,324 tonnes, up 38% from the prior year Q4 tin production of 5,237 tonnes FY2024 EBITDA2,3 guidance of US$274m, an estimated increase of 102% from actual FY2023 Positive exploration results at Mpama North and South FY2025 contained tin production guidance of approximately 20,000 [...]
Alphamin Resources announced today that, subject to regulatory approval, it has awarded stock options and SAR Equivalent Shares pursuant to its Omnibus Incentive Plan. The Company has granted stock options to acquire an aggregate of 2,400,000 common shares to employees of an Alphamin subsidiary, with each option exercisable for a seven year term to acquire one common share at a price of C$1.10 per share. The options [...]
Alphamin Resources Corp. announced today the filing of its unaudited condensed consolidated financial statements and accompanying Management's Discussion and Analysis for the quarter ended 30 September 2024 on SEDAR+ at www.sedarplus.ca. EBITDA and AISC for the quarter are in line with guidance announced on 3 October 2024. Highlights: Interim FY2024 dividend increased to CAD$0.06 per share and paid on 4 November 2024 [...]
Alphamin Resources is pleased to announce the declaration of an interim FY2024 dividend and provide an operational update for the quarter ended September 2024: Interim FY2024 dividend increased to CAD$0.06 per share Record quarterly tin production of 4,917 tonnes, up 22% from the prior quarter Q3 EBITDA3 guidance of US$91.5m, up 69% from actual EBITDA for the prior quarter Operational and Financial Summary for the Quarter [...]
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