Andrada Mining hails operational improvements as self-help programme pays off
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Andrada Mining Ltd reported operational improvements at its Uis mine in Namibia, with increased ore processing, tin production, and plant utilization. The tin price has also recovered sharply.
December 20, 2024 | 8:30 am
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Andrada Mining Ltd reported a 5% increase in ore processed and a 15% rise in tin production at its Uis mine, alongside improved plant utilization and tin recoveries. The tin price has also recovered sharply.
The operational improvements and increased production at the Uis mine, along with a recovery in tin prices, are likely to positively impact Andrada Mining's financial performance and stock price in the short term.
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IMPORTANCE 70
RELEVANCE 80