Amerigo Resources Ltd. is pleased to announce Q3-2020 production results from Minera Valle Central , the Company’s 100% owned operation located near Rancagua, Chile. MVC produced 14.7 million pounds of copper at a cash cost of US$1.80 per pound and 0.4 M lbs of molybdenum. MVC’s copper production from fresh and Cauquenes tailings increased 13 [...]
$2.8 million cash generated from operations in the quarter Quarterly net loss down to $3.6 million Lower tolling & production costs, cash cost and total cost VANCOUVER, British Columbia, Aug. 12, 2020 -- Amerigo Resources Ltd. announced financial results for the quarter ended June 30, 2020 . Net loss was $3.6 million from higher revenue and lower [...]
Amerigo Resources Ltd. is pleased to announce the appointment of Carmen Amezquita, CPA, CA as Chief Financial Officer, effective August 1, 2020. Carmen has served as the Chief Financial Officer and Corporate Controller for mining companies with both producing mines and exploration properties located in Latin America. Previous to that, she worked in [...]
Amerigo Resources Ltd. announced today Q2-2020 production results from Minera Valle Central , the Company’s 100% owned operation located near Rancagua, Chile. MVC produced 12.97 million pounds of copper at a cash cost of US$1.72/lb per pound, and 0.35 M lbs of molybdenum. In Q2-2020, MVC’s copper production from fresh and Cauquenes tailings [...]
Amerigo Resources Ltd. is pleased to report that on May 8, 2020, Chile’s Minister of Mining, Baldo Prokurica, visited the Company’s Chilean operation Minera Valle Central to learn about the actions that MVC has implemented to protect the health of MVC’s workers and subcontractors, and maintain zero contagion at the operation amidst the Covid-19 [...]
Amerigo Resources Ltd. is pleased to announce the appointment of Michael Luzich to the Company’s board of directors effective May 12, 2020. Mr. Luzich is the founder of Luzich Partners LLC, a multi-strategy investment firm formed in 2013 and a significant shareholder in the Company. Michael Luzich brings to the Board more than 30 years of [...]
Net loss of $4.0 million after $5.3 million of negative copper settlement adjustments Net negative operating cash flow of $1.4 million Working capital deficiency of $27.7 million VANCOUVER, British Columbia, May 06, 2020 -- Amerigo Resources Ltd. announced financial results for the quarter ended March 31, 2020 . Quarterly financial performance was [...]
Amerigo Resources Ltd. announces the results of voting at its 2020 Annual General Meeting of Shareholders held on May 4, 2020 in Vancouver, British Columbia. A total of 43,302,885 common shares were voted at the AGM, representing 23.95% of the votes attached to all outstanding common shares of the Company. Shareholders voted in favour of all items [...]
Amerigo Resources Ltd. announced today Q1-2020 production results from Minera Valle Central , the Company’s 100% owned operation located near Rancagua, Chile. MVC produced 12.1 million pounds of copper at a cash cost of US$1.87/lb per pound, and 0.2 million pounds of molybdenum. Copper production results are in line with the Company’s 2020 guidance [...]
Amerigo Resources Ltd. announced financial results for the year 2019. The Company’s 100% owned operation, Minera Valle Central located near Rancagua, Chile posted an annual net loss of $9.4 million or $0.05 loss per share . Annual net operating cash flow was $9.7 million. The Company’s cash position at year end was $7.2 million. Annual [...]
Amerigo Resources Ltd. announces 2019 production results from Minera Valle Central , the Company’s 100% owned operation located near Rancagua, Chile. Amounts are reported in U.S. dollars. Amerigo’s MVC produced 69.8 million pounds copper in 2019 In 2019, MVC produced 69.8 million pounds of copper at a cash cost of $1.82 per pound [...]
Amerigo Resources Ltd. 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 as President and Chief Executive Officer. Ms. Davidson is a long-time executive officer of Amerigo, having joined the Company in [...]