Net loss of $2.1 million Cash of $3.0 million generated from operations Refinanced debt reduces liquidity risk in low copper price environment VANCOUVER, British Columbia, Nov. 06, 2019 -- Amerigo Resources Ltd. announced financial results for Q3- 2019. Amerigo’s financial results in Q3-2019 were affected by low copper prices at Minera Valle [...]
Amerigo Resources Ltd. provides the following update in respect of Minera Valle Central , the Company’s operation located near Rancagua, Chile. Amerigo is pleased to announce that on October 21, 2019, negotiations between MVC and its 208-member union concluded satisfactorily, and the parties have entered into a new 3 year collective [...]
Amerigo Resources Ltd. announces production results for Q3-2019 from Minera Valle Central , the Company’s 100% owned operation located near Rancagua, Chile. With the addition of slag processing, MVC posted record quarterly production of 19.1 million pounds copper in Q3-2019 In Q3-2019, MVC produced 19.1 million pounds of copper at a cash cost [...]
Amerigo Resources Ltd. . is pleased to announce that its wholly owned Chilean subsidiary, Minera Valle Central has completed a refinance of its debt facilities, as initially announced in the Company’s news release of August 6, 2019. MVC obtained debt facilities of US$99.7 million in 2015 and 2017 to finance the Cauquenes expansion, with an [...]
Amerigo Resources Ltd. announced financial results for Q2- 2019. Amerigo’s financial results in Q2-2019 were affected by low production at Minera Valle Central , the Company’s 100% owned operation located near Rancagua, Chile, and by low copper prices in the period. Rob Henderson, Amerigo’s President and CEO, stated “MVC [...]
Amerigo Resources Ltd. is pleased to announce that its wholly-owned Chilean subsidiary, Minera Valle Central S.A. , has received a commitment letter from Scotiabank Chile and has executed a financing mandate agreement with Scotiabank Chile to refinance MVC’s existing debt facilities, obtained in 2015 and 2017 to finance the Cauquenes [...]
Amerigo Resources Ltd. announces production results for Q2-2019 from Minera Valle Central , the Company’s 100% owned operation located near Rancagua, Chile. Q2-2019 production remained affected by low plant recoveries In Q2-2019, MVC produced 13.3 million pounds of copper at a cash cost of $1.97 per pound, and 0.2 million pounds of [...]
Cash of $5.2 million generated from operations Net loss of $1.4 million Amerigo Resources Ltd. announced financial results for Q1- 2019, which were affected by lower than forecast production as a result of low plant recoveries, as announced in the Company’s news release of April 15, 2019. Amerigo posted a net loss of $1.4 million or $0.01 per [...]
Amerigo Resources Ltd. announces the results of voting at its 2019 Annual General Meeting of Shareholders held on May 6, 2019 in Vancouver, British Columbia. A total of 72,840,077 common shares were voted at the meeting, representing 40.99% of the votes attached to all outstanding common shares of the Company. Shareholders voted in favour of all [...]
Amerigo Resources Ltd. announces production results for Q1-2019 from Minera Valle Central , the Company’s 100% owned operation located near Rancagua, Chile. Q1-2019 production affected by low plant recoveries and maintenance shutdown In Q1-2019, MVC produced 13.0 million pounds of copper at a cash cost of $2.03/lb per pound, and 0.2 million [...]
Amerigo Resources Ltd. is pleased to announce that it has filed a technical report prepared for Minera Valle Central, S.A. , Amerigo’s Chilean subsidiary. Robert D. Henderson, P. Eng, President and CEO of Amerigo, is the author of the Report and is responsible for the technical comments related to the resource estimate and its parameters. Mr [...]
Amerigo Resources Ltd. is providing an update on expected production for the quarter ending March 31, 2019 from Minera Valle Central , the Company’s 100% owned operation, located near Rancagua, Chile. On February 25, 2019, MVC received a notification from the Department of Dams, Tailings and Hydraulic Resources of Codelco’s [...]