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Altiplano Metals Inc. (TSXV: APN) is a growing gold, silver, and copper company focused on the Americas, with a diversified asset portfolio that includes an operating copper/gold/iron mine and a state-of-the-art processing facility near La Serena, Chile. Recent developments include the optimization of the El Peñón processing plant and the establishment of new production areas at the Farellon and Santa Beatriz mines. With a focus on creating long-term stakeholder value through sustainable production, exploration, and acquisitions, Altiplano is positioned for continued success in the mining sector.
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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 reports Q2 2023 results from Farellon mine. Total mineralized material extracted increased by 8% to 8,315 tonnes. Copper grade recovered decreased by 13% to 1.75%. Sales of copper decreased by 22% to US$422,815. Stockpiles at Farellon and El Peñón mill site. Material in process with ENAMI. CEO expects production expansion to reduce costs and increase output.
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FAQ
What is the current stock price of ALTIPLANO METALS ORD (ALTPF)?
The current stock price of ALTIPLANO METALS ORD (ALTPF) is $0.0423 as of January 29, 2025.
What is the market cap of ALTIPLANO METALS ORD (ALTPF)?
The market cap of ALTIPLANO METALS ORD (ALTPF) is approximately 6.3M.
Where is Altiplano Metals Inc. located?
Altiplano Metals Inc. is located in the Americas, with a focus on mining operations in Chile, near La Serena.
What kind of assets does Altiplano Metals Inc. have?
Altiplano Metals Inc. has a diversified portfolio of assets, including an operating copper/gold/iron mine and a modern processing facility.
What recent developments has Altiplano Metals Inc. reported?
Recent developments include the optimization of the El Peñón processing plant, improvements in production at the Farellon mine, and high-grade copper-gold mineralization findings at the Santa Beatriz project.
How does Altiplano Metals Inc. plan to create stakeholder value?
Altiplano Metals Inc. plans to create long-term stakeholder value through safe and sustainable production practices, reinvestment in exploration, and strategic acquisitions to enhance its asset portfolio.
What is the trading symbol for Altiplano Metals Inc. on the Toronto Venture Exchange?
Altiplano Metals Inc. trades on the Toronto Venture Exchange under the symbol APN.
ALTIPLANO METALS INC ORD
OTC:ALTPF
ALTPF Rankings
ALTPF Stock Data
6.26M
125.51M
10.56%
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