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by Will Purcell
The critical and specialty minerals stocks box score on Friday was a so-so 81-78-151 as the TSX Venture Exchange fell three points to 992. Eoin O'Driscoll's Alphamin Resources Corp. (AFM) lost three cents to $1.24 on 768,000 shares. The company produced 5,026 tonnes of tin during the first quarter at its Bisie mine, in the eastern Democratic Republic of the Congo. It sold nearly as much, generating $247-million (U.S.) in revenue and realizing $157.8-million (U.S.) in earnings before interest, taxes, depreciation and amortization (EBITDA).
Bisie performed with remarkable consistency during the quarter, managing just a few more tonnes of tin at the same grade of 3.4 per cent as the operation had managed in the last quarter of 2025. On the other hand, the marketers did much better thanks to a 30-per-cent boost in the average price of tin over the previous quarter. And so, revenue was up a comparable amount from the $191.7-million (U.S.) achieved in the previous quarter, therefore EBITBA leapt nearly 50 per cent from the $108.3-million (U.S.) Alphamin managed in the last three months of 2025.
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