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 mine has had a significant impact on the Company’s ability to meet [...]
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 operations and exploration activity at El Roble have been suspended. The Company [...]
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 has successfully concluded its fifth full year of operating the [...]
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 full the only senior secured facility held and is now free of long-term [...]
Atico Mining Corp. today announced its financial results for the three months ended September 30, 2018, posting a net income of $3.0 million. Fernando E. Ganoza, CEO and Director, commented, "We are pleased to report very strong financial results for the third quarter and first nine months of the year. The Company’s improvements in most financial metrics have yielded good results and have put us in position to [...]
Atico Mining Corp. is pleased to announce the release of an updated NI 43-101 mineral resource and reserve estimate for the El Roble Mine located in Colombia. El Roble is currently in production at a rate of 850tpd and production guidance for the year is 20 million pounds of copper along with 9,850 ounces of gold in 2018. For the first three quarters of 2018, El Roble has produced 16 million pounds of copper and 8,400 [...]
Atico Mining Corp. announces its operating results for the three months ended September 30, 2018 from its El Roble mine. Production for the quarter totaled 5.36 million pounds of copper and 3,010 ounces of gold in concentrates, an increase of 5% for copper and 6% for gold, respectively, over the same period in 2017. “We are pleased to report another strong quarter of production as the El Roble mine continues to [...]
Atico Mining Corp. announced CEO Fernando Ganoza’s interview on Uptick Newswire’s “Stock Day” Podcast. On today’s show, Jolly has invited a brand new guest, Atico Mining Corp.’s CEO, Fernando Ganoza. “Welcome to the show! Give my listeners an about statement of who you are and what you guys are so proud of.” Atico Mining is a Canadian-based company focused on developing and [...]
Atico Mining Corp. today announced its financial results for the three months ended June 30, 2018, posting a net income of $2.8 million. Fernando E. Ganoza, CEO and Director, commented, "We are pleased to report a strong second quarter and first half of the year. The Company showed improvements in earnings and working capital over the same period last year while remaining on schedule to fully repay the senior debt [...]
VANCOUVER, British Columbia, July 31, 2018 -- Atico Mining Corp. announces its operating results for the three months ended June 30, 2018 from its El Roble mine. Production for the quarter totaled 5.22 million pounds of copper and 2,596 ounces of gold in concentrates, an increase of 1% for both copper and gold, respectively, over the same period in 2017. “We are very pleased to report another strong operating [...]
VANCOUVER, British Columbia, July 11, 2018 -- Atico Mining Corp. is pleased to announce the completion of two IP-DAS surveys covering the area from northwestern Archie prospect through the mine to the southern Estrella target area, which have indicated exciting new exploration targets near and below the mine. Fernando E. Ganoza, CEO, commented: "The exploration work and drilling we have completed since late 2017 have [...]
Atico Mining is saddened to report that a fatal accident occurred at its El Roble property on Saturday, July 07, 2018. A group of employees were performing surface maintenance work outside of the mining operations, when a rainfall induced landslide occurred without warning. One of the employees was pronounced deceased at the scene, while two were immediately transported to a hospital in Medellin where they are being [...]