PPX Mining (TSE:PPX) has released an update.
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PPX Mining Corp has entered a new agreement with Proyectos La Patagonia to operate the Callanquitas Mine in Peru until 2034, enhancing its profit share and resolving past legal disputes. The agreement introduces a phased contract structure, increases PPX’s share of net profits, and includes provisions for social and environmental responsibilities. This strategic move aims to strengthen PPX’s operational and financial outlook in the region.
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