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Andean Precious Metals Secures Major Oxide Material Deal in Bolivia

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Andean Precious Metals Secures Major Oxide Material Deal in Bolivia

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Andean Precious Metals ( (TSE:APM) ) has shared an update.

Andean Precious Metals has signed a significant agreement with COMIBOL, a Bolivian state-owned mining company, to purchase up to 250,000 tonnes of oxide material from its mining concession in Uyuni, Bolivia. This deal, worth $3 million, is structured over a 25-month period, requiring compliance with national environmental and safety regulations and involves joint verification processes for weight and quality of materials, thereby strengthening Andean’s operational capabilities and market positioning in the region.

More about Andean Precious Metals

Andean Precious Metals Corp. is a mining company primarily engaged in the extraction and processing of silver and base metals. It operates through its subsidiary, Empresa Minera Manquiri S.A., focusing on mining activities in Bolivia, with key facilities located near Potosí.

YTD Price Performance: 35.00%

Average Trading Volume: 264,794

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$242.7M

See more data about APM stock on TipRanks’ Stock Analysis page.

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