Atico Mining Corp. is pleased to announce that representatives from the National Mining Agency , joined by the Governor of the Department of Choco and the Mayor of El Carmen de Atrato, have publicly declared that a new 30-year mining title will be granted to Minera El Roble. Following more than 18-months of negotiations with the Company, the NMA has reached a decision and, during a press conference, revealed that it will [...]
Atico Mining Corp. announces that, further to the news release issued on December 29, 2021, regarding the royalty dispute concerning the El Roble property, the Center for Arbitration and Conciliation of the Bogotá Chamber of Commerce has reached a decision. The tribunal has ruled in favor of the National Mining Agency ordering the Company's subsidiary Minera El Roble to back pay copper royalties since 1994. The ruling [...]
Atico Mining Corp. is pleased to announce operating results for the three months and year ended December 31, 2024 from its El Roble mine. Production totaled 3.7 million pounds of copper with 1,918 ounces of gold for the fourth quarter and 13.67 million pounds of copper with 9,025 ounces of gold in concentrates for the full year in 2024. "The Company had a solid operational year overall as we met our production guidance [...]
Atico Mining Corp. today announced its financial results for the three months ended September 30, 2024, posting income from mining operations of $5.8 million and net income of $1.2 million for the quarter. Production for the quarter at Atico's El Roble mine totaled 2.9 million pounds of copper and 2,072 ounces of gold in concentrate at a cash cost of $2.44 per payable pound of copper. Fernando E. Ganoza, CEO and Director [...]
Atico Mining Corp. announces its operating results for the three months ended September 30, 2024 from its El Roble mine. Production for the quarter totaled 2.91 million pounds of copper and 2,055 ounces of gold in concentrates, a decrease of 23% for copper and 19% for gold, respectively, over the same period in 2023. "The El Roble mine is undergoing a transition from the lower areas of the mine towards the new [...]
Atico Mining Corp. today announced its financial results for the three months ended June 30, 2024, posting income from mining operations of $2.6 million and a net loss of $0.4 million. Production for the period at Atico's El Roble mine totaled 3.7 million pounds of copper and 2,850 ounces of gold in concentrate at a cash cost of $1.48 per payable pound of copper. Fernando E. Ganoza, CEO and Director, commented, "this [...]
Atico Mining Corp. is pleased to announce that it has entered into an amendment and restatement agreement with Trafigura PTE. LTD. to amend the US$ 10 million credit agreement entered into with the Lender in February 2022 , by extending the maturity date of the credit facility from August 8, 2024, to July 31, 2026, with the following principal repayment schedule: US$ 650,000 due on January 31, 2025, and April 30, 2025 [...]
Atico Mining Corp. announces its operating results for the three months ended June 30, 2024 from its El Roble mine. Production for the quarter totaled 3.73 million pounds of copper and 2,874 ounces of gold in concentrates, an increase of 33% for copper and 25% for gold, respectively, over the same period in 2023. "The El Roble mine continued to operate within set expectations for this quarter as we saw improvements in [...]
Atico Mining Corp. announces that pursuant to the Company's stock option plan, 2,346,811 incentive stock options exercisable at $0.165 per share for a period of five years have been granted to directors, officers, employees and consultants of the Company. About Atico Mining Corporation Atico is a growth-oriented Company, focused on exploring, developing and mining copper and gold projects in Latin America. The Company [...]
Atico Mining Corp. is pleased to announce the results of the Definitive Feasibility Study for its 100% owned La Plata Project located in Ecuador. The DFS was prepared in accordance with the National Instrument 43-101 Standards of Disclosure for Mineral Projects . Please note that all financial figures in this press release are in United States dollars, unless otherwise noted. Key Highlights: Initial Probable Mineral [...]
Atico Mining Corp. today announced its financial results for the three months ended March 31, 2024, posting income from mining operations of $2.8 million and a net loss of $0.4 million. Production for the period at Atico's El Roble mine totaled 3.3 million pounds of copper and 2,185 ounces of gold in concentrate at a cash cost of $2.57 per payable pound of copper. Fernando E. Ganoza, CEO and Director, commented, "the [...]
Atico Mining Corp. is pleased to report of an updated NI 43-101 mineral resource and reserve estimate as on March 12th 2024 for the El Roble Mine located in Colombia. "Our infill and mine vicinity exploration drilling at El Roble mine has yielded very good results intercepting additional high-grade mineralization in proximity to current mining activity. What is particularly exciting is that we still continue to intercept [...]
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