Peruvian Metals Forecasts Record Production Year

Peruvian Metals (TSE:PER) has released an update.

Peruvian Metals Corp. reports increased processing of minerals by 7.9% in the first half of 2024 at their Aguila Norte plant, compared to the previous year, and expects a record production year. The company has also successfully completed a private placement, raising $275,050 by issuing units with attached warrants. These developments are set to fund the expansion of mineral properties and the exploration of the Peruvian gold market, alongside plans to build a new Carbon in Pulp gold processing plant.

For further insights into TSE:PER stock, check out TipRanks’ Stock Analysis page.