Alphamin Resources Corporation (JSE:APH)
Alphamin Resources (JSE:APH) is a low cost tin concentrate producer from its high grade deposit at Mpama North. This is on its mining license and it has an additional five exploration licenses covering a total of 1,270km2 in the North Kivu Province of the Democratic Republic of Congo (DRC).
At a tin grade of roughly 4.5%, Mpama North is the world’s highest-grade tin resource – about four times higher than most other operating tin mines in the world.
The Mpama North mine is in production. It has an output of ~10 000 tonnes of contained tin per annum, amounting to ~3% of the world’s mined tin supply.
Alphamin is aiming to increase annual tin output and life of mine through incremental production from Mpama South and by adding more mines in close proximity to the current production and from within our licensed footprint.
The company's management team has successfully developed and brought the Bisie tin mine to production and is focused on taking the business to the next level as the company pursues its objective of realising the full value potential of this extraordinary tin complex.
Alphamin is headquartered in Mauritius and listed on the Toronto Stock Exchange and the Johannesburg Stock Exchange.