Northwire Canada EditionWednesday, July 29, 2026
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NAM 0.250 +0.0% CRD 0.065 +8.3% OLA 12.90 −3.7% CG 22.70 −2.5% EQX 12.89 −4.0% FM 37.51 −2.3% MNRG 0.080 −11.1% KFR 1.31 +0.8% AUMN 0.275 +0.0% GLB 0.250 +0.0% BHS 0.045 −10.0% EGR 0.025 +0.0% RIO 2.59 −4.1% GEN 0.070 +0.0% MAI 4.39 −2.0% RYR 0.175 +0.0% NAM 0.250 +0.0% CRD 0.065 +8.3% OLA 12.90 −3.7% CG 22.70 −2.5% EQX 12.89 −4.0% FM 37.51 −2.3% MNRG 0.080 −11.1% KFR 1.31 +0.8% AUMN 0.275 +0.0% GLB 0.250 +0.0% BHS 0.045 −10.0% EGR 0.025 +0.0% RIO 2.59 −4.1% GEN 0.070 +0.0% MAI 4.39 −2.0% RYR 0.175 +0.0%
Production / Operations

PPX's Callanquitas has July gross revenues of $4.53M

By The Northwire Desk — AI Analysis Sep 16, 2025 · 20:59 PPX · 0.205 PPX Mining Corp.
PPX · Price

Executive Summary

  • PPX Mining reported a new monthly record for July 2025 at the Callanquitas mine, with gross revenues of $4.53 million CAD and pretax income of $2.05 million CAD.
  • Net profit interest (NPI) earned by the Peruvian subsidiary reached $1.54 million CAD for July, bringing year‑to‑date NPI to $3.53 million CAD, surpassing the same period in 2024.
  • Construction of a carbon‑in‑leach (CIL) and flotation processing plant is progressing; once online it is expected to materially lower mining, transportation and processing costs and support higher production capacity.

Key Details

  • July 2025 Gross Revenue: 11.65 million Peruvian sol (~$4.53 M CAD).
  • July 2025 Pretax Income: 5.28 million Peruvian sol (~$2.05 M CAD).
  • July 2025 Net Profit Interest (NPI): 3.96 million Peruvian sol (~$1.54 M CAD).
  • Cumulative NPI FY 2025 through July: 9.06 million Peruvian sol (~$3.53 M CAD), exceeding the same period in 2024.
  • Operational Highlight: Continued construction of CIL and flotation plant at Callanquitas; anticipated to reduce operating costs and enable expanded production once commissioned.
  • Exchange Rate Used: 1 CAD = 2.57 Peruvian sol.

Notable Quotes

“July marks another milestone for PPX, as we achieved the strongest 2025 monthly operational performance… With the upcoming completion of our CIL and flotation plant, we anticipate further cost reductions and production growth.” – John Thomas, CEO, PPX Mining Corp.

Read the original news release →

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