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PPX Mining ( (TSE:PPX) ) has issued an announcement.
PPX Mining Corp. has successfully closed the second tranche of its construction facility, securing US$1,200,000. This funding is part of a larger US$6,000,000 loan structured in four tranches, aimed at building a 350 tpd CIL and Flotation plant for processing materials from the Igor Project in Peru. Construction activities commenced in November 2024, with equipment shipping expected by February, indicating progress in PPX’s expansion efforts.
More about PPX Mining
PPX Mining Corp. is a Canadian-based mining company with assets in northern Peru, focusing on its 100%-owned flagship gold and silver project, Igor, located in the Northern Peru gold belt in eastern La Libertad Department.
YTD Price Performance: 16.67%
Average Trading Volume: 166,540
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$22.63M
See more insights into PPX stock on TipRanks’ Stock Analysis page.
