By: Mining weekly

Overall processing recoveries for the financial year were in line with target at 75%.

The company explains that tin production for financial year was impacted on by the temporary cessation of operations related to security concerns in March 2025 and the phased restart from April 15, 2025.

The company says it achieved a pro-forma annualised run-rate of about 20 000 t of contained tin produced during the financial year when adjusted for the period during which operations were temporarily ceased.

Sales volumes for the year was 18,638 t.

The company reports a 25% year-on-year increase of earnings before interest, taxes, depreciation and amortisation (Ebitda) to $341-million owing to higher tin production and sales volumes, which included a full year from the Mpama South expansion, which was completed mid-2024, as well as a 13% increase in the average tin price to $34 373/t.

The company had $56-million in cash at December 31, 2025, after debt reduction and service costs of $45-million, Democratic Republic of Congo (DRC) tax payments of $106-million and dividend payments of $123-million.

The company says the current tin price and continued steady production bode well for increased cash flow generation and the potential for higher dividends to shareholders.

For the financial year under review, Alphamin declared dividends totalling C$0.11 a share compared with C$0.09 in the prior financial year

The next dividend decision is targeted for the end of April following finalisation and approval of the company and its DRC operating subsidiary's audited financial statements for the year ended December 2025.

The company notes that its contained tin production guidance for financial year 2026 is about 20,000 t.