Alphamin Resources lowers guidance amid heavy rain in the DRC
The commissioning of its Mpama South plant has also been delayed further
27 December 2023 - 08:49
Alphamin Resources, which mines tin in the northeastern Democratic Republic of Congo, has lowered its guidance for the final quarter of 2023 and pushed back the commissioning of a plant amid ongoing heavy rains in that country.
“Historically, the months of December, January and February are relatively dry from a rainfall perspective,” the company, valued at about R15.7bn on the JSE, said on Wednesday...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.