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Alphamin Resources to Resume Mining Operations at Bisie Tin Mine in Democratic Republic of the Congo
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Alphamin Resources to Resume Mining Operations at Bisie Tin Mine in Democratic Republic of the Congo
Apr 9, 2025 4:26 AM

07:07 AM EDT, 04/09/2025 (MT Newswires) -- Alphamin Resources ( AFMJF ) on Wednesday said it is initiating a phased resumption of operations at its Bisie tin mine in the Democratic Republic of the Congo (DRC).

"This decision was made after the withdrawal of insurgents...more than 130 kilometers to the east of the company's mine site," said the company.

Alphamin intends to redeploy employees as part of a plan to restart tin production in phases while it continues to monitor the security situation.

The company said, between Jan. 1, and April 8, about 4,500 tonnes of contained tin was sold and exported with about 280 tonnes still in transit and limited concentrate stock currently on hand. Alphamin added that its contained tin production of 4,270 tonnes was achieved during Q1 2025 until operations ceased on Mar. 13, due to security concerns.

Shares of the company closed up 9% to $0.60 on Tuesday on the TSX Venture Exchange.

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