Alphamin Resources Corp.·Basic Materials

Grand Baie, MAURITIUS, April 09, 2026 (GLOBE NEWSWIRE) -- Alphamin Resources Corp. (AFM:TSXV, APH:JSE AltX)( “Alphamin” or the “Company”), is pleased to provide the following update for the quarter ended 31 March 2026:

Alphamin Resources operates a highly profitable tin mine in the DRC, delivering robust margins and consistent production recovery post-2025 shutdown. AFMJF reported Q3 net income of $43.7M and an all-in sustaining cost near $16,000/t, with realized tin prices close to $34,000/t, supporting strong free cash flow. The company maintains a net cash position and continues generous dividend payments, recently declaring a C$0.04/share interim dividend with a final dividend decision expected in 2026.
Alphamin Resources Corp., together with its subsidiaries, engages in the extraction, production, and sale of tin concentrates in the Democratic Republic of the Congo. Its flagship property is the Mpama North Tin project that consists of five exploration licenses and one current mining license covering an area of 1,270 square kilometers located in the North Kivu Province of the Democratic Republic of Congo. The company was formerly known as La Plata Gold Corporation and changed its name to Alphamin Resources Corp. in October 2008. Alphamin Resources Corp. was incorporated in 1981 and is headquartered in Grand Baie, Mauritius.
Basic Materials
Industrial Materials
2010-04-05
0.97