sur PPX Mining Corp (CVE:PPX)
PPX Mining Corp. Reports Record Financial Performance and Leadership Transition
PPX Mining Corp. delivered exceptional financial results in late 2025, highlighting strong performance at its Callanquitas Mine. The company achieved record monthly net profit interest (NPI) in November and December, with NPI figures of PEN 7.2 million and PEN 8.7 million, respectively. For 2025, PPX's total NPI reached PEN 38.1 million, marking a significant milestone and demonstrating the Igor Project's robust cash-generating potential.
The Callanquitas operation generated revenues of PEN 129.5 million and a gross profit of PEN 66.8 million, with pre-tax earnings of PEN 62.2 million for the year. PPX's leadership attributes this success to operational execution and favorable mining conditions.
Additionally, PPX announced a leadership transition with Brian Imrie stepping down as Executive Chairman, though continuing as Chairman of the Board. This change aligns with the company's growth into a cash-generating producer.
R. E.
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