PPX Mining Q2 FY2026 earnings jump as Callanquitas net profit interest rises on higher ore output, firmer metal prices

• PPX Mining posted net income of CAD 6.05 million for the three months ended June 30, 2026, versus a CAD 5.33 million loss.
• Results reflected CAD 8.08 million of net profit interest income from the Igor 4 concession, driven by higher ore throughput.
• Performance also benefited from a CAD 7.92 million gain on derivative liability revaluation, mainly tied to the RIVI convertible debenture.
• Foreign exchange produced a CAD 5.45 million loss, offsetting part of the period’s gains.
• Costs rose with activity levels, including operating expenses of CAD 1.51 million, gold streaming expense of CAD 1.56 million, net smelter royalty of CAD 1 million.

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