2018-08-16 - 08:15:04
2018-08-16 - 10:34:49
2018-08-16 - 10:35:40
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 production in 2017 following completion of the first phase of the Cauquenes historic tailings project. The Phase Two expansion project is scheduled to be complete in Q3 2018 and Amerigo is well-positioned to generate further record copper production, decrease cash costs and improve cash flow from operations.