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ALTIPLANO METALS INC ORD - $ALTPF STOCK NEWS

Welcome to our dedicated page for ALTIPLANO METALS ORD news (Ticker: $ALTPF), a resource for investors and traders seeking the latest updates and insights on ALTIPLANO METALS ORD stock.

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Altiplano Metals Inc. reported Q1 2024 operational results from the Farellon mine in Chile, with a copper grade of 1.74% and record 2.29% in March. Production totaled 8,600 tonnes with $716,200 revenue, a 10% decrease from Q4 2023. Waste removal increased by 65% as development progresses. The El Peñón processing plant now has full power support. Stockpiles are ready for processing, and the company generated over $14.9 million from copper sales since 2018.

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Altiplano Metals Inc. reports a successful Q4 2023 operation at the Farellon Copper-Gold-Iron mine in Chile, showcasing increased production and revenue. The company extracted 9,114 tonnes of mineralized material, processed 8,125 tonnes, and achieved a 12% and 13.6% increase in production and processing, respectively, from Q3. Copper grade improved to 1.87%, generating US$798,919 in revenue from 325,328 pounds of copper sales, a 25% increase from Q3. The company aims to optimize processing efficiencies through blending stockpiled material with newly mined material. President and CEO Alastair McIntyre highlights the success and growth prospects for 2024.
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Altiplano Metals Inc. reports progress at El Peñón processing facility in Chile, optimizing milling and flotation processes to enhance productivity and concentrate production. Key improvements include gearing replacement, instrumentation upgrades, and speed adjustments. The company successfully produced copper/gold and iron concentrates, with plans to focus on concentrate sales and efficiency. President and CEO Alastair McIntyre expressed satisfaction with the results, highlighting the milestone achieved and future growth prospects.
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Altiplano Metals Inc. (TSXV: APN) announces a change in its financial year-end from December 31 to March 31, aiming for better audit efficiency and alignment with industry peers. The company will report audited financial results for a 15-month transition year and revert to a March 31 year-end afterward.
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Altiplano Metals Inc. (TSXV: APN) closed a non-brokered private placement, raising $600,000 through the sale of 6,000,000 units at C$0.10 per unit. Each unit includes one common share and one non-transferable share purchase warrant. The net proceeds will be used for the Farallon Project and El Penon processing facility in Chile, as well as general working capital purposes. Additionally, the company granted incentive stock options to purchase up to 3,900,000 common shares at an exercise price of $0.10 per share.
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Altiplano Metals Inc. (TSXV: APN) has arranged a non-brokered private placement to raise up to C$600,000 in gross proceeds. The Offering consists of up to 6,000,000 units at C$0.10 per unit, each including one common share and one non-transferable share purchase warrant. The net proceeds will be used for the Farallon Project and El Penon processing facility in Chile, as well as for general working capital purposes.
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Altiplano Metals Inc. (TSXV: APN) reports Q3 2023 operation results from the Farellon mine in Chile, with 2% and 9% reduction in production and processing respectively from Q2. Copper grade remains constructive, but revenue decreased by 14% due to lower sales and a weaker copper market. The company is focused on developing access to deeper, higher-grade areas of the mine and expanding production capacity.
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Altiplano Metals Inc. reports positive assay results from samples taken at the El Peñón processing facility. Gold and iron demonstrated improved results. Adjustments are being made to enhance productivity and optimize concentrate production. The company has organized a storage facility for copper-gold concentrate sales and is negotiating the sale of iron concentrate to local buyers. Altiplano has generated over $12.8 million from copper recovery and sale.
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Altiplano Metals reports new operating section at Farellon mine, plans to increase production levels
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Altiplano Metals Inc. closes first tranche of non-brokered private placement, raising $200,000
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ALTIPLANO METALS INC ORD

OTC:ALTPF

ALTPF Rankings

ALTPF Stock Data

10.40M
111.37M
11.35%
Dimension Stone Mining and Quarrying
Mining, Quarrying, and Oil and Gas Extraction
Link
United States of America
Edmonton