Amerigo Resources Ltd. announced today production results for Q3-2018 from Minera Valle Central , the Company’s 100% owned operation located near Rancagua, Chile. MVC set new production records in Q3-2018 In Q3-2018 Amerigo produced 17.6 million pounds of copper at a cash cost of $1.38 per pound. Molybdenum production was 0.6 million pounds. Rob Henderson, Amerigo's President and CEO, stated “The team at MVC [...]
Amerigo Resources Ltd. is pleased to report that commissioning of the new rougher flotation circuit has commenced on the Phase Two Expansion Project at Minera Valle Central , the Company’s 100% owned operation located near Rancagua, Chile. Copper concentrates from the new flotation circuit are being processed in the existing cleaner flotation circuit. Construction of the new cleaner flotation circuit is expected to [...]
Luzich Partners LLC and its principal Nauman Toor announced that between November 14, 2017 and August 17, 2018, they acquired shares resulting in their collective holding of 26,155,900 common shares in the capital of Amerigo Resources Ltd. , a Vancouver-based copper producer. Immediately prior to the acquisitions, the Shareholder owned 22,098,500 Shares representing approximately 12.54% of the then issued and outstanding [...]
Cash of $6.4 million generated from operations Net income of $2.7 million Phase Two expansion commencing production in Q3-2018 VANCOUVER, British Columbia, July 31, 2018 -- Amerigo Resources Ltd. announced today financial results for Q2-2018. Rob Henderson, Amerigo’s President and CEO, stated, “The strong financial performance achieved this quarter will bolster our efforts in executing the MVC expansion [...]
VANCOUVER, British Columbia, July 11, 2018 -- Amerigo Resources Ltd. announced today production results for Q2-2018 from Minera Valle Central , the Company’s 100% owned operation located near Rancagua, Chile. Amerigo remains fully leveraged to the price of copper Rob Henderson, Amerigo's President and CEO, stated “Production results in Q2-2018 met expectations and MVC is nearing completion of the Phase Two [...]
Cash of $5.9 million generated from operations Net income of $1.2 million Phase Two expansion project on budget and schedule VANCOUVER, British Columbia, May 09, 2018 -- Amerigo Resources Ltd. announced today financial results for the three months ended March 31, 2018. The Company posted revenue of $33.9 million and net income of $1.2 million. Cash of $5.9 million was generated from operations before working capital [...]
VANCOUVER, British Columbia , May 08, 2018 -- Amerigo Resources Ltd. announces the results of voting at its 2018 Annual General Meeting of Shareholders held on May 7, 2018 in Vancouver British Columbia. A total of 97,166,852 common shares were voted at the meeting, representing 54.83% of the votes attached to all outstanding common shares of the Company. Shareholders voted in favour of all items of business before the [...]
VANCOUVER, British Columbia, April 16, 2018 -- Amerigo Resources Ltd. announced today production results for Q1-2018 from Minera Valle Central , the Company’s 100% owned operation located near Rancagua, Chile. Operational Highlights: In Q1-2018, MVC produced 14.2 million pounds of copper at a cash cost of $1.77 per pound, pursuant to a tolling agreement with Codelco’s Division El Teniente. Molybdenum [...]
Cash of $26.4 million generated from operations Net income of $8.0 million Phase Two Cauquenes expansion on schedule VANCOUVER, Feb. 21, 2018 /CNW/ - Amerigo Resources Ltd. announced today financial results for the year 2017. Stronger copper prices and increased copper production resulted in a 47% increase in revenue in the year. The Company posted revenue of $134.0 million and net income of $8.0 million. Cash of $26.4 [...]
VANCOUVER, Jan. 16, 2018 /CNW/ - Amerigo Resources Ltd. announced today production results for the year 2017 and Q4-2017 from Minera Valle Central , the Company's 100% owned operation located near Rancagua, Chile. Operational Highlights: In 2017, MVC produced record quantities of copper and molybdenum. MVC produced 62.5 million pounds of copper at a cash cost of $1.64 per pound, pursuant to a tolling agreement with [...]
Amerigo Resources reported today financial results for the three months ended September 30, 2017. Cash of $11.0 million was generated from operations before working capital changes. The Company posted revenue of $37.4 million and net income of $7.9 million. Debt proceeds for the second phase of the Cauquenes expansion were $4.8 million, and debt repayments on existing loans were $3.0 million. At September 30, 2017, cash [...]
Amerigo Resources announced today production results for the third quarter of 2017 from Minera Valle Central, the Company's 100% owned operation located near Rancagua, Chile. Operational Highlights for Q3-2017: In Q3-2017, MVC produced 15.5 million pounds of copper at a cash cost of $1.69 per pound, pursuant to a tolling agreement with Codelco's Division El Teniente. Production guidance for 2017 is maintained at 60 to 65 [...]