Toachi Mining Inc. announces that its shareholders have approved the acquisition by Atico Mining Corp. of all of its issued and outstanding shares by way of a plan of arrangement under section 192 of the Canada Business Corporations Act to create a new Latin American focused copper-gold Company. At a special meeting of Toachi’s shareholders [...]
Atico Mining Corp. today announced its financial results for the three months ended June 30, 2019, posting income from mining operations of $0.3 million and a net loss of $0.4 million. Fernando E. Ganoza, CEO and Director, commented, “The union negotiations which led to a strike at the El Roble mine limited our ability to deliver on [...]
Atico Mining Corp. announces its operating results for the three months ended June 30, 2019 from its El Roble mine. Production for the quarter totaled 3.16 million pounds of copper and 2,116 ounces of gold in concentrates, a decrease of 40% for copper and 18% for gold, respectively, over the same period in 2018. “During the second quarter [...]
Atico Mining Corp. and Toachi Mining Inc. are pleased to announce that they have entered into a definitive agreement today, whereby Atico will acquire all of the issued and outstanding shares of Toachi pursuant to a plan of arrangement to create a new Latin American focused copper-gold Company. Under the terms of the Agreement, all of the Toachi [...]
Atico Mining Corp. today announced its financial results for the three months ended March 31, 2019, posting income from mining operations of $5.7 million and a net income of $2.7 million. Fernando E. Ganoza, CEO and Director, commented, “During the quarter we underwent a union negotiation which resulted in a strike significantly impacting our [...]
Atico Mining Corp. announces that pursuant to the Company's stock option plan, 2,200,000 incentive stock options exercisable at $0.285 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 [...]
Atico Mining Corp. today announced its financial results for the year ended December 31, 2018, posting income from mining operations of $12.8 million and a net income of $3.4 million. Production for the year at Atico’s El Roble mine totaled 21.9 million pounds of copper and 11,344 ounces of gold in concentrate at as cash cost of $1.49 per [...]
Atico Mining Corp. is pleased to announce the end of the labor strike at its El Roble mine in Colombia. The Company has resumed all operations and re-initiated its diamond drill exploration program on the 6,300-ha land package. It is expected that operations will reach normal levels within the following hours. Throughout the remainder of the year [...]
Atico Mining Corp. announces its operating results for the three months ended March 31, 2019 from its El Roble mine. Production for the quarter totaled 2.36 million pounds of copper and 1,552 ounces of gold in concentrates, a decrease of -57% and -45% for copper and gold, respectively, over the same period in 2018. “The strike at the El Roble [...]
Atico Mining Corp. reports that it has received strike action notice from the local union after being unable to reach a new 2 year collective agreement at the El Roble mine. The Company continues to negotiate with the local union and is working diligently towards bringing a swift and satisfactory resolution for all parties involved. Mining [...]
Atico Mining Corp. is pleased to announce operating results for the three and twelve month periods ended December 31, 2018 from its El Roble mine. Production totaled 5.81 million pounds of copper with 2,913 ounces of gold for the fourth quarter and 21.87 million pounds of copper with 11,344 ounces of gold in concentrates for the full year 2018 [...]
Atico Mining Corp. is pleased to announce that it has repaid, in full, its outstanding USD$8,000,000 senior debt facility to Trafigura Pte. Ltd. . The Debt Facility was the only long-term debt that the Company had remaining in November 2018. “We are very pleased with the achievement of this important milestone as the Company has repaid in [...]
