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PPX Mining ( (TSE:PPX) ) has issued an update.
PPX Mining Corp. reported strong operational results for June 2025, with record gross revenues and pre-tax income from its Callanquitas Mine. The company received a significant Net Profit Interest payment, highlighting the Igor Project’s cash-generating potential. Despite challenges such as high operating costs and a severe rainy season, the company anticipates cost reductions with the upcoming completion of its CIL and flotation plant. The company plans to enhance production efficiency and scalability, leveraging improved geological understanding and exploration activities.
More about PPX Mining
PPX Mining Corp. is a mining company focused on the extraction of gold and silver, primarily operating through its Callanquitas Mine at the Igor Project in northern Peru. The company is engaged in optimizing production capacity and improving operating margins, with a strategic focus on expanding its mining operations and reducing costs.
Average Trading Volume: 96,466
Technical Sentiment Signal: Buy
Current Market Cap: C$76.18M
For a thorough assessment of PPX stock, go to TipRanks’ Stock Analysis page.