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Copper
1969-12-31 - 16:00:00
2.72 USD
+2.716 (0.00%)
TSX: ARG
2019-07-17 - 15:55:32
0.66 CAD
-0.02 (-3.08%)
OTCQX: ARREF
2019-07-17 - 16:00:00
0.50 USD
-0.02 (-4.00%)

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.

Amerigo achieved record annual copper and molybdenum production in 2018. Production at MVC is now ramping up to 80 to 85 million pounds per year, following development of the Cauquenes historic tailings project. Amerigo is well-positioned to generate further record copper production, decrease cash costs and improve cash flow from operations.

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

07.17.2019
Amerigo Reports Q2-2019 Production Results
Amerigo Resources Ltd. ("Amerigo" or the "Company") (TSX: ARG) announces production results for Q2-2019 from Minera Valle Central ("MVC"), the Company’s 100% owned operation located near Rancagua, Chile.
05.08.2019
Amerigo Reports Q1-2019 Financial Results
(“Amerigo” or the “Company”) announced financial results for Q1- 2019, which were affected by lower than forecast production as a result of low plant recoveries, as announced in the Company’s news release of April 15, 2019.
05.07.2019
Amerigo Announces Results of AGM
Amerigo Resources Ltd. (TSX: ARG, "Amerigo" or the "Company") announces the results of voting at its 2019 Annual General Meeting of Shareholders (“AGM”) held on May 6, 2019 in Vancouver, British Columbia.
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