An update from PPX Mining ( (TSE:PPX) ) is now available.
PPX Mining Corp. has announced the completion of major plant equipment for its 350 tpd CIL & Flotation plant under construction at the Igor Project in Peru. The equipment, purchased from Shandong Xinhai Mining Technology & Equipment Inc., includes crucial components like crushing units, ball mills, and flotation cells, which are essential for processing gold and silver. This development marks a significant milestone in the company’s plant planning schedule, with civil construction progressing to align with the equipment’s arrival. The completion of this equipment is expected to enhance PPX’s operational capabilities and strengthen its position in the mining industry, particularly in the Northern Peru gold belt.
More about PPX Mining
PPX Mining Corp. is a Canadian-based mining company with assets in northern Peru. Its flagship project, Igor, is a 100%-owned gold and silver project located in the prolific Northern Peru gold belt in eastern La Libertad Department.
YTD Price Performance: 16.67%
Average Trading Volume: 105,351
Technical Sentiment Signal: Sell
Current Market Cap: C$24M
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