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Copper
1969-12-31 - 16:00:00
4.27 USD
+4.267 (0.00%)
TSX: ARG
2021-12-03 - 16:00:00
1.3 CAD
0.03 (2.36%)
OTCQX: ARREF
2021-12-03 - 15:59:00
1.01 USD
0.032 (3.20%)

Low-risk copper production

Amerigo produces copper concentrates at its 100% owned MVC operation in Chile by processing fresh and historic tailings from Codelco's El Teniente mine, the world's largest underground copper mine. MVC has a twenty five year track record of producing copper safely and profitably and, unlike conventional mines, MVC is not subject to geology or mining risk.

Investors

MVC Operation

In 2018, MVC produced 65 million pounds of copper at a cash cost of $1.56 per pound. MVC has been producing copper concentrates since 1992 and has contracts with El Teniente that extend to at least 2037. MVC's royalty to El Teniente is based on a factor applied to the LME copper price, above $1.95/lb. The factor varies directly with copper price based on a series of formulas.

Operation

News

11.30.2021
Amerigo Announces Normal Course Issuer Bid
Amerigo Resources Ltd. (TSX: ARG; ARREF: OTC) (“Amerigo” or the “Company”) is pleased to announce that the Toronto Stock Exchange (the “TSX”) has accepted Amerigo’s application for a normal course issuer bid (the “NCIB”).
11.16.2021
Amerigo Announces Results of Substantial Issuer Bid
Amerigo Resources Ltd. (TSX: ARG; ARREF: OTC) (“Amerigo” or the “Company”) is pleased to announce the results of its substantial issuer bid (the “Offer”) launched on September 29, 2021 to purchase for cancellation up to C$25,000,000 in value of its common
11.04.2021
Amerigo Regrets the Passing of Director David Thomas
Amerigo Resources Ltd. (TSX: ARG; ARREF: OTC) (“Amerigo” or the “Company”) regretfully advises the passing of director David Thomas.
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