sur PPX Mining Corp (CVE:PPX)
PPX Mining Celebrates Record Month for October 2025
PPX Mining Corp. has reported unprecedented operational results for October 2025, marking the strongest month in the past year. The company's Callanquitas Mine, managed by Proyectos La Patagonia SAC, achieved gross revenues of PEN 17.4 million (CAD$ 7.2 million) and a gross profit of PEN 11.5 million (CAD$ 4.8 million), equating to a 66% gross margin. In addition, a record pre-tax income of PEN 7.6 million (CAD$ 3.1 million) was noted.
The significant performance has contributed to a total NPI of PEN 22.1 million (CAD$ 9.2 million) for the year through October, surpassing last year's achievements. PPX is investing in the development of its CIL and flotation plant, expected to reduce costs and enhance operational efficiency.
CEO John Thomas emphasized the robust nature of the Igor Project and PPX's commitment to growth and sustainable operations, supported by increased cash flow and infrastructure expansion.
R. P.
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