PPX Mining Announces Internal Subsidiary Reorganization

PPX Mining Corp., based in Toronto, ON, declared its collaboration with UHY BSA Group to overhaul its accounting and operational systems. This reorganization anticipates the construction of a CIL and Flotation plant at its Igor Project. UHY, a significant entity within the global accounting network UHY International, will assist PPX in updating its accounting, budgeting, treasury, and payroll systems. This partnership aims at enhancing PPX's operational efficiency as the company approaches the initiation of its 350 tpd plant next to the Callanquitas mine.

The company is poised to receive the final permit for its construction project, underscoring its strategic preparation for managing capital costs during both construction and operational phases. Further steps in this reorganization include engaging a Human Resource firm for subsidiary support and a Quality Management System consulting firm to ensure high operational standards. PPX's commitment to responsible mining and adherence to Peruvian laws and international frameworks is highlighted, along with its engagement with local communities.