Press Release: Alphamin Announces Record Q3 2021 EBITDA of US$53,7m and a Net Debt-Free Position/Initiation of Strategic Review
Press Release: Alphamin Announces Record Q3 2021 EBITDA of US$53,7m and a Net Debt-Free Position/Initiation of Strategic Review
Alphamin Announces Record Q3 2021 EBITDA of US$53,7m and a Net Debt-Free Position/Initiation of Strategic Review
Alphamin宣佈2021年第三季度EBITDA達到創紀錄的537萬美元和淨無債務頭寸/啟動戰略審查
GRAND BAIE, Mauritius, Nov. 09, 2021 (GLOBE NEWSWIRE) -- Alphamin Resources Corp. (AFM:TSXV, APH:JSE AltX) ("Alphamin" or the "Company"), a producer of 4% of the world's mined tin(1) from its high grade operation in the Democratic Republic of Congo, has released its unaudited consolidated financial statements and accompanying Management's Discussion and Analysis for the quarter ended September 2021:
大巴伊，毛里求斯，2021年11月9日(Global Newswire)--Alphamin Resources Corp.(AFM：TSXV，APH：JSE AltX)(以下簡稱“Alphamin”或“公司”)發佈了截至2021年9月的季度未經審計的合併財務報表和管理層的討論和分析報告。Alphamin Resources Corp.(以下簡稱“Alphamin”或“公司”)是世界上4%的錫開採量(1)的生產商。
-- Record Q3 EBITDA of US$53,7m, up 58% from prior quarter
-- Contained tin production up 17% from the prior quarter to 2,832 tons
-- Net debt-free at 30 September 2021 (Net debt 30 June 2021: US$29,5m)
-- Initiates strategic review to maximize shareholder value
-第三季度EBITDA達到創紀錄的537萬美元，比上一季度增長58%
-含錫產量比上一季度增長17%，達到2832噸
-2021年9月30日淨無債務(2021年6月30日淨債務：2950萬美元)
--啟動戰略評估，實現股東價值最大化
Operational and Financial Summary for the Quarter ended September 2021(2)
截至2021年9月的季度運營和財務摘要(2)
Description Units Actual
----------------------- ------- ----------------------------
Quarter Quarter
ended ended
September June
2021 2021 Change
----------------------- ------- ---------- -------- ------
Tons Processed Tons 108,901 105,294 3%
----------------------- ------- ---------- -------- ------
Tin Grade Processed % Sn 3.5 3.2 8%
----------------------- ------- ---------- -------- ------
Overall Plant Recovery % 75.2 71.5 5%
----------------------- ------- ---------- -------- ------
Contained Tin Produced Tons 2,832 2,412 17%
----------------------- ------- ---------- -------- ------
Contained Tin Sold Tons 2,710 2,404 13%
----------------------- ------- ---------- -------- ------
EBITDA US$'000 53,715 34,077 58%
----------------------- ------- ---------- -------- ------
Net Cash / (Net Debt) US$'000 1,036 (29,506) -104%
----------------------- ------- ---------- -------- ------
Tin Price Achieved US$/t 33,704 28,308 20%
----------------------- ------- ---------- -------- ------
AISC US$/t 14,765 15,112 -2%
----------------------- ------- ---------- -------- ------
描述單位實際
----------------------- ------- ----------------------------
季度季度
結束結束結束
9月6月
2021年2021年變化
----------------------- ------- ---------- -------- ------
加工噸108,901噸105,294噸3%
----------------------- ------- ---------- -------- ------
錫加工品級%Sn3.5 3.2 8%
----------------------- ------- ---------- -------- ------
工廠總體回收率%75.2 71.5 5%
----------------------- ------- ---------- -------- ------
含錫產量2,832 2,412 17%
----------------------- ------- ---------- -------- ------
含錫售出2,710噸2,404噸13%
----------------------- ------- ---------- -------- ------
EBITDA美元‘000 53,715 34,077 58%
----------------------- ------- ---------- -------- ------
淨現金/(淨債務)美元‘000 1,036(29,506)-104%
----------------------- ------- ---------- -------- ------
錫價達到33,704 28,308 20%
----------------------- ------- ---------- -------- ------
鞍鋼美元/噸14,765 15,112-2%
----------------------- ------- ---------- -------- ------
_______________________
_______________________
(1) Data obtained from International Tin Association Tin Industry Review 2020 (2) Production information is disclosed on a 100% basis. Alphamin indirectly owns 84.14% of its operating subsidiary to which the information relates.
(1)從國際錫業協會《2020年錫業回顧》中獲得的數據(2)產量信息以100%的基礎披露。Alphamin間接擁有與該信息相關的運營子公司84.14%的股份。
Operational and Financial Performance
運營和財務業績
Contained tin production of 2,832 tons is 17% above the previous quarter. Underground mining practices relating to stope planning, delineation and blasting were significantly improved from mid July 2021. This resulted in an average tin grade of 3,8% processed during August and September 2021 with an average of 3,5% for the quarter. In addition to improved grade control, run-of-mine volumes and waste development increased by 5% quarter-on-quarter.
含錫產量為2,832噸，比上一季度增長17%。從2021年7月中旬開始，與採場規劃、圈定和爆破有關的地下采礦做法得到了顯著改善。這導致2021年8月至9月期間加工的平均錫品位為3.8%，該季度的平均品位為3.5%。除了改進的品位控制外，原礦產量和廢物處理環比增長了5%。
The benefit of the newly commissioned Fine Tin Plant increased overall processing recoveries by 5% to 75%.
新投產的精錫廠的效益使整體加工回收率提高了5%至75%。
Record EBITDA of US$53,7m for Q3 2021 is 58% higher than the previous quarter as a result of increased tin production and sales volumes, together with a higher tin price of US$33,704/t (Current tin price: US$37,000/t).
2021年第三季度創紀錄的EBITDA為53，7百萬美元，較上一季度增長58%，這是由於錫產銷量增加，以及錫價上漲至33,704美元/噸(當前錫價：37,000美元/噸)。
AISC per ton of contained tin sold decreased 2% quarter on quarter as a result of higher sales and production volumes off-set to some extent by the impact of the higher tin price on marketing commissions, royalties, export duties and smelter deductions.
鞍鋼每噸含錫銷售環比下降2%，這是由於銷售和生產量上升在一定程度上被錫價上漲對營銷佣金、特許權使用費、出口關税和冶煉廠扣減的影響所抵消。
The Company moved to a net cash position at 30 September 2021 compared to a net debt position of US$29,5m the previous quarter. The Board will establish an appropriate treasury strategy during Q4 2021 with the objective of balancing capital allocations between ongoing exploration drilling, the potential fast-track development of the Mpama South deposit and shareholder distributions.
截至2021年9月30日，該公司實現淨現金頭寸，而上一季度的淨債務頭寸為2950萬美元。董事會將於二零二一年第四季度制定適當的財務策略，以平衡正在進行的勘探鑽探、Mpama South礦藏的潛在快速發展及股東分派之間的資本分配。
Alphamin's unaudited consolidated financial statements and accompanying Management's Discussion and Analysis for the quarter ended 30 September 2021 have been filed and are available under the Company's profile at www.sedar.com.
Alphamin截至2021年9月30日的季度的未經審計的綜合財務報表以及管理層的討論和分析已經提交，並可在公司簡介中查閲，網址為www.sedar.com。
Strategic Review
戰略回顧
The Company has determined to initiate a strategic review to explore alternatives with a view to maximising shareholder value (the "Strategic Review"). Such strategic alternatives may include, but are not limited to, fast-tracking the Company's expansion and life-of-mine extension potential, balance sheet restructuring including revenue prepayments and streaming, shareholder distributions or a corporate merger or sale transaction. The Company has appointed a financial advisor to provide advisory services in relation to the overall Strategic Review.
本公司已決定展開策略性檢討，以探討其他方案，以期使股東價值最大化(“策略性檢討”)。這些戰略選擇可能包括但不限於，快速跟蹤公司的擴張和延長礦山壽命的潛力，包括收入預付款和流動的資產負債表重組，股東分配或公司合併或出售交易。本公司已委任一名財務顧問，就整體策略檢討提供諮詢服務。
The Company has not established a definitive timeline to complete the Strategic Review and no decisions related to any strategic alternative have been reached at this time. There can be no assurance that any strategic transaction or transactions will result from the Strategic Review. The Company does not intend to comment further with respect to the Strategic Review unless and until it determines that additional disclosure is appropriate in the circumstances and in accordance with the requirements of applicable securities laws.
本公司尚未訂立完成策略檢討的最終時間表，目前亦未就任何策略選擇作出任何決定。不能保證戰略審查將導致任何一項或多項戰略交易。本公司不打算就戰略審查進一步置評，除非及直至其確定額外披露在當時情況下及根據適用證券法律的要求是適當的。
Qualified Person
有資格的人
Mr. Clive Brown, Pr. Eng., B.Sc. Engineering (Mining), is a qualified person (QP) as defined in National Instrument 43-101 and has reviewed and approved the scientific and technical information contained in this news release. He is a Principal Consultant and Director of Bara Consulting Pty Limited, an independent technical consultant to the Company.
克萊夫·布朗先生，公關英文，B.Sc.工程(採礦)是國家儀器43-101中定義的合格人員(QP)，並已審查和批准本新聞稿中包含的科學和技術信息。他是本公司獨立技術顧問BARA Consulting Pty Limited的首席顧問兼董事。
FOR MORE INFORMATION, PLEASE CONTACT:
Maritz Smith
CEO
Alphamin Resources Corp.
Tel: +230 269 4166
E-mail: msmith@alphaminresources.com
-------------------------------------
如需更多信息，請聯繫：
瑪麗茲·史密斯
首席執行官
Alphamin Resources Corp.
電話：+2302694166
電子郵件：msmith@alphaminresource ces.com
-------------------------------------
CAUTION REGARDING FORWARD LOOKING STATEMENTS
有關前瞻性陳述的注意事項
Information in this news release that is not a statement of historical fact constitutes forward-looking information. Forward-looking statements contained herein include, without limitation, statements relating to the future allocation of surplus cash and the Strategic Review and any transactions arising from the Strategic Review. Forward-looking statements are based on assumptions management believes to be reasonable at the time such statements are made. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Although Alphamin has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. Factors that may cause actual results to differ materially from expected results described in forward-looking statements include, but are not limited to: uncertainties associated with Alphamin's resource and reserve estimates, uncertainties and risks regarding the economic viability of the Mpama South deposit prior to the release of a maiden resource and completion of feasibility studies, uncertainties regarding estimates of the expected mined tin grades, processing plant performance and recoveries, uncertainties regarding global supply and demand for tin and market and sales prices, uncertainties with respect to social, community and environmental impacts, uninterrupted access to required infrastructure and third party service providers, adverse political events, impacts of the global Covid-19 pandemic on mining operations and commodity prices as well as those risk factors set out in the Company's Management Discussion and Analysis and other disclosure documents available under the Company's profile at www.sedar.com. Forward-looking statements contained herein are made as of the date of this news release and Alphamin disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws.
本新聞稿中不是對歷史事實的陳述的信息構成前瞻性信息。本文包含的前瞻性陳述包括但不限於與未來盈餘現金分配和戰略審查以及戰略審查產生的任何交易有關的陳述。前瞻性陳述是基於管理層認為在作出此類陳述時是合理的假設。不能保證這些陳述將被證明是準確的，因為實際結果和未來事件可能與這些陳述中預期的大不相同。因此，讀者不應過分依賴前瞻性陳述。儘管Alphamin試圖確定可能導致實際結果與前瞻性陳述中包含的結果大不相同的重要因素，但可能還有其他因素導致結果與預期、估計或預期的不同。可能導致實際結果與前瞻性表述中描述的預期結果大不相同的因素包括但不限於：與Alphamin的資源和儲量估計有關的不確定性；在首次資源發佈和可行性研究完成之前有關Mpama South礦藏經濟可行性的不確定性和風險；預期開採的錫品位、加工廠業績和回收率估計的不確定性；全球錫供需以及市場和銷售價格的不確定性；社會、社區和環境影響的不確定性；所需基礎設施和第三方服務提供商的不間斷訪問；不利的政治事件, 全球新冠肺炎疫情對採礦作業和大宗商品價格的影響，以及公司管理討論與分析和其他披露文件中列出的風險因素，這些文件可在公司簡介www.sedar.com下查閲。本文中包含的前瞻性陳述是截至本新聞稿發佈之日作出的，Alphamin不承擔任何更新任何前瞻性陳述的義務，除非適用的證券法要求更新任何前瞻性陳述，無論是由於新信息、未來事件或結果還是其他原因。
Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
多倫多證券交易所創業板交易所及其監管服務提供商(該術語在多倫多證券交易所的政策中定義)均不對本新聞稿的充分性或準確性承擔責任。
USE OF NON-IFRS FINANCIAL PERFORMANCE MEASURES
非國際財務報告準則財務執行情況計量的使用
This announcement refers to the following non-IFRS financial performance measures:
本公告涉及以下非國際財務報告準則財務業績衡量標準：
EBITDA
EBITDA
EBITDA is profit before net finance expense, income taxes and depreciation, depletion, and amortization. EBITDA provides insight into our overall business performance (a combination of cost management and growth) and is the corresponding flow driver towards the objective of achieving industry-leading returns. This measure assists readers in understanding the ongoing cash generating potential of the business including liquidity to fund working capital, servicing debt, and funding capital expenditures and investment opportunities.
EBITDA是扣除淨財務費用、所得税和折舊、損耗和攤銷前的利潤。EBITDA提供了對我們整體業務業績(成本管理和增長的組合)的洞察，是實現行業領先回報目標的相應流量推動力。這一措施有助於讀者瞭解企業持續的現金產生潛力，包括為營運資本提供資金、償還債務以及為資本支出和投資機會提供資金的流動性。
This measure is not recognized under IFRS as it does not have any standardized meaning prescribed by IFRS and is therefore unlikely to be comparable to similar measures presented by other issuers. EBITDA data is intended to provide additional information and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS.
國際財務報告準則不承認這一措施，因為它沒有國際財務報告準則規定的任何標準化含義，因此不太可能與其他發行人提出的類似措施相提並論。EBITDA數據旨在提供更多信息，不應孤立地加以考慮，也不應替代根據“國際財務報告準則”編制的業績衡量標準。
AISC
鞍鋼
This measures the cash costs to produce a ton of contained tin plus the capital sustaining costs to maintain the mine, processing plant and infrastructure. This measure includes the Cash Cost per ton and capital sustaining costs less concentrate stock movement divided by tons of contained tin sold. All-In Sustaining Cost per ton does not include depreciation, depletion, and amortization, reclamation, borrowing costs and exploration expenses.
這一指標衡量的是生產一噸錫的現金成本，以及維護礦山、加工廠和基礎設施的資本維持成本。這一指標包括每噸現金成本和資本維持成本減去精礦庫存移動除以銷售的含錫量。每噸的綜合維持成本不包括折舊、損耗和攤銷、回收、借款成本和勘探費用。
譯文內容由第三人軟體翻譯。