on PPX Mining Corp (CVE:PPX)
PPX Mining Achieves Record Operational Results in September 2025
PPX Mining Corp. reported a record-breaking month in September 2025 at its Callanquitas Mine in Peru, operated by Proyectos La Patagonia SAC. The company achieved gross revenues of PEN 13.09 million (CAD$ 5.41 million) and pre-tax income of PEN 6.41 million (CAD$ 2.65 million), surpassing previous figures recorded in July 2025. The net profit interest (NPI) for September reached PEN 4.81 million (CAD$ 1.99 million), marking the highest monthly NPI ever for PPX.
For the first nine months of 2025, cumulative NPI totaled PEN 16.46 million (CAD$ 6.80 million), already exceeding last year's earnings over the same period. This indicates the growing cash-generating potential of the Igor Project. The ongoing construction of PPX's CIL and flotation plant is expected to cut costs and increase production capacity, paving the way for further growth.
CEO John Thomas emphasized the significance of these developments, predicting cost reductions and volume increases as the plant nears completion. This infrastructure investment is poised to bolster long-term shareholder value.
R. P.
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