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Copper
1969-12-31 - 16:00:00
2.19 USD
+2.192 (0.00%)
TSX: ARG
2020-04-01 - 15:59:12
0.13 CAD
-0.03 (-20.00%)
OTCQX: ARREF
2020-04-01 - 16:00:00
0.09 USD
0 (0.00%)

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

02.19.2020
Amerigo Reports Annual 2019 and Q4-2019 Financial Results
Amerigo Resources Ltd. (TSX: ARG) (“Amerigo” or the “Company”) announced financial results for the year 2019. The Company’s 100% owned operation, Minera Valle Central ("MVC") located near Rancagua, Chile posted an annual net loss of $9.4 million or $0.05
01.20.2020
Amerigo Reports 2019 Production Results and Provides 2020 Guidance
Amerigo Resources Ltd. ("Amerigo" or the "Company") (TSX: ARG) announces 2019 production results from Minera Valle Central ("MVC"), the Company’s 100% owned operation located near Rancagua, Chile.
12.11.2019
Amerigo Reports Senior Management Changes
- Amerigo Resources Ltd. ("Amerigo" or the "Company") (TSX: ARG) announces that effective December 6, 2019, Rob Henderson departed the Company and ceased serving as the Company’s President and Chief Executive Officer and Aurora Davidson has been appointed
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