Operational Performance for Period Ended 31 Aug 26

Original announcement by lse on

Company
Andrada Mining Limited
Ticker
ATM
Exchange
LSE
Region
Namibia
Primary commodity
Tin
Secondary commodities
Lithium, Tantalum, Tungsten, Copper
Document categories
Production, Drill results
Extracted
2026-09-29 18:24:06 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Andrada Mining reported strong H1 FY2027 operational performance at the Uis Mine, with contained tin production increasing 13% year-on-year to 576 tonnes. The growth was driven by higher feed grades and improved plant processing rates. The company has also secured NAD98 million in funding to implement ore-sorting upgrades aimed at significantly increasing future production.

Reasoning: Strong H1 FY2027 production growth driven by higher grades and throughput, supported by secured funding for expansion.

Positive factors

  • Year-on-year production growth in contained tin and concentrate
  • Improved feed grades and plant processing rates
  • Successful securing of NAD98 million funding for upgrades
  • Planned ore-sorting circuit to significantly boost future output

Facts used in scoring: 4

Classification and evidence

QA/QC Disclosedpositive · Story-specific tag

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: The document does not explicitly detail QA/QC protocols or lab certifications in this operational update.

Evidence · text

“Unaudited figures for the period ended 31 August 2026”

Extracted facts

Stored fact records: 2. Some facts used in scoring do not have a stored record.

Drill Results (2)

Fact 1Uis Mine · tinGrade: 0.152Grade Unit: %Needs review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Uis Mine
Commodity
tin
Region
namibia
Reported Region
namibia
Ticker
ATM

Geometry

Grade
0.152
Grade Unit
%

Classification

Sample Type
drill

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-28T00:00:00.000Z

Reasoning: Q2 FY2027 feed grade of 0.152% Sn represents a year-on-year increase.

Positive factors

  • Higher feed grade for Q2 FY2027

Evidence · table

“0.152”

Context: 268 741

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 2Uis Mine · tinGrade: 0.149Grade Unit: %Needs review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Uis Mine
Commodity
tin
Region
namibia
Reported Region
namibia
Ticker
ATM

Geometry

Grade
0.149
Grade Unit
%

Classification

Sample Type
drill

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-28T00:00:00.000Z

Reasoning: H1 FY2027 average feed grade increased 9% to 0.149% Sn.

Positive factors

  • Higher H1 FY2027 feed grade

Evidence · table

“0.149”

Context: 538 810

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.