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PPX Mining ( (TSE:PPX) ) has provided an update.
PPX Mining Corp. has successfully closed the third tranche of its construction facility, receiving $1.8 million from its major shareholder, which is a related party transaction. The company is progressing with the construction of a 350 tonnes-per-day Carbon-in-Leach and flotation plant at the Igor Project, with major equipment having arrived at the Port of Callao. Construction remains on schedule for completion by December 2025, which is expected to enhance PPX’s operational capabilities and strengthen its position in the mining industry.
More about PPX Mining
PPX Mining Corp. is a Canadian-based mining company with assets in northern Peru. Its flagship project, the Igor gold and silver project, is located in the prolific Northern Peru gold belt in eastern La Libertad Department.
Average Trading Volume: 56,422
Technical Sentiment Signal: Buy
Current Market Cap: C$52.81M
See more data about PPX stock on TipRanks’ Stock Analysis page.