| Element List | Explanation |
|---|---|
| Announcement Detail | Almasane Alkobra Mining Co. (AMAK) announces the temporary suspension of base metals (Zinc and Copper concentrates) processing through the Company’s Al Masane (ALM) process plant for approximately 16 weeks from 22 January 2026. The precious metals circuit of the Al Masane process plant, the Moyeath base metals process plant, and the Guyan precious metal process plant are not impacted by this announcement and will remain in operation at full capacity during this period. The suspension is in accordance with the company’s 2026 business plan and will contribute to optimizing longer term ore production from the Saadah, Al Houra and Moyeath orebodies, collectively representing the Al Masane (ALM) underground mining complex for base and precious metals. The financial impact will depend on the actual duration of the deferred processing period and average sales prices of metals and will be reflected in the first and second Quarter of 2026 financial results. The company will make further announcements in relation to any updates and progress as appropriate. |
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