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Altiplano Reports Mixed Q1 Results and Operational Progress

Altiplano Reports Mixed Q1 Results and Operational Progress

Altiplano Minerals (TSE:APN) has released an update.

Altiplano Metals Inc. reports a decline in Q1 2024 copper production and revenue at its Farellon mine in Chile, with a notable high-grade copper recovery of 2.29% in March from a new mining level. The company also completed key power installations at the El Peñón processing plant, enhancing operational efficiency and reducing reliance on diesel generators. Despite the overall decrease, the preparation for improved processing and transportation costs, paired with rising copper prices, signals a promising outlook.

For further insights into TSE:APN stock, check out TipRanks’ Stock Analysis page.

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