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An announcement from PPX Mining ( (TSE:PPX) ) is now available.
PPX Mining Corp. has signed a binding Letter of Intent with Glencore for a strategic investment to advance its Igor Project in Peru. The agreement includes a strategic equity investment, long-term offtake rights for precious-metals concentrates, and technical collaboration, which will enhance PPX’s operational capabilities and provide a guaranteed sales channel, aligning the company’s financing and commercialization pathways.
More about PPX Mining
PPX Mining Corp. is a Canadian-based mining company with assets in northern Peru. Its flagship project, Igor, is a 100%-owned gold and silver project.
Average Trading Volume: 161,488
Technical Sentiment Signal: Buy
Current Market Cap: C$218.9M
Learn more about PPX stock on TipRanks’ Stock Analysis page.