PPX Mining Reports Record Profit at Callanquitas Mine

PPX Mining Corp. announced a record Net Profit Interest (NPI) from its Callanquitas Mine in May 2026. The company recorded a NPI of PEN 14.67 million, surpassing April's previous record of PEN 12.59 million. This represents a 16.5% increase over the prior month, showcasing the company's strong operational performance.

For the 2026 calendar year, PPX's cumulative NPI reached PEN 50.56 million. The trailing twelve-month NPI hit a historic high of PEN 91.41 million. This exceptional performance is attributed to high gold grades, robust production, and effective mining strategies.

The operation's success was primarily driven by the Callanquitas East vein's high-grade mineralization. The average gold grades were around 8.72 grams per tonne. Despite delays in constructing a new processing plant, current operations have been optimal, contributing to substantial cash generation.