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An update from PPX Mining ( (TSE:PPX) ) is now available.
PPX Mining Corp. has received a final payment of US$637,000 from Silver Crown Royalties Inc. under their silver royalty agreement. This payment will support the ongoing construction of a carbon-in-leach and flotation plant at the Igor project in Peru. The completion of this payment increases the royalty percentage to 15% and total payable ounces to 225,000 ounces of silver. This milestone strengthens PPX’s financial position, aiding its strategy to advance the Igor project toward production and enhance stakeholder value.
More about PPX Mining
PPX Mining Corp. is a Canadian-based mining company with assets in northern Peru. Its flagship project, Igor, is a gold and silver project located in the Northern Peru gold belt in eastern La Libertad Department.
Average Trading Volume: 255,313
Technical Sentiment Signal: Buy
Current Market Cap: C$257.1M
See more insights into PPX stock on TipRanks’ Stock Analysis page.