Alphamin Resources pays an interim dividend, reports 26% increase in tin production

ALPHAMIN Resources, the Toronto-Canada and JSE-listed mining group, has declared a CAD$0.04 per share dividend and increased third-quarter tin production by 26%, from a phased restart on April 15 to June 30.

- EDWARD WEST

ALPHAMIN'S Mpama South extension of the Bisie tin mine in the Demoratic Republic of Congo.

(LinkedIn)

The company, which mines tin concentrate from the Bisie Tin Mine in the Democratic Republic of Congo since 2019, on Tuesday declared a second interim dividend for its 2025 financial year along with the release of its third-quarter results to September 30, 2025. The production guidance for the full financial year was increased to between 18 000 and 18 500 tons, from 17 500 tons previously. The quarter's production of 5 190 tons was in line with expectations as targeted quarterly production is 5 000 tons.

The processing facilities performed well and above target overall plant recoveries averaged 76% versus 77%, the directors said in the results.