Atico Mining Corp. is pleased to announce operating results for the three and twelve month periods ended December 31, 2022 from its El Roble mine. Production totaled 2.95 million pounds of copper with 3,083 ounces of gold for the fourth quarter and 15.03 million pounds of copper with 11,254 ounces of gold in concentrates for the full year 2022. "2022 presented us with numerous challenges at the operation, very tough [...]
Atico Mining Corp. is pleased to announce that it has received approval of the Environmental Impact Assessment for the construction, operation, maintenance and closure of the 69 kV powerline and substation required for its 100% owned La Plata mining project in Ecuador . The Environmental Ministry of Ecuador, known as "Ministerio del Ambiente, Agua y Transición Ecológica" has reviewed and delivered a favorable technical [...]
Atico Mining Corp. today announced its financial results for the three months ended September 30, 2022, posting a net income of $0.3 million. Production for the period at Atico's El Roble mine totaled 3.8 million pounds of copper and 2,724 ounces of gold in concentrate at a cash cost of $1.35 per payable pound of copper. Fernando E. Ganoza, CEO and Director, commented, "El Roble mine production results were only slightly [...]
Atico Mining Corp. announces its operating results for the three months ended September 30, 2022 from its El Roble mine. Production for the quarter totaled 3.75 million pounds of copper and 2,724 ounces of gold in concentrates, a decrease of 15% for copper and an increase of 8% for gold over the same period in 2021. "Production for the period was slightly below budget due to extended maintenance of the SAG mill system [...]
Atico Mining announced its financial results for the three months ended June 30, 2022, posting a net loss of $2.7 million. Production for the period at Atico’s El Roble mine totaled 3.6 million pounds of copper and 2,811 oz of gold in concentrate at a cash cost(1) of $1.36 per payable pound of copper(2). Fernando E. Ganoza, CEO and Director, commented, “El Roble mine delivered strong production results for the second [...]
Atico Mining announces its operating results for the three months ended June 30, 2022 from its El Roble mine. Production for the quarter totaled 3.59 million pounds of copper and 2,811 ounces of gold in concentrates, a decrease of 16% for copper and an increase of 4% for gold, over the same period in 2021. “The El Roble mine delivered well despite having to stop operations for twenty-four days in April. The stoppage was a [...]
Atico Mining announces following the Company’s annual general meeting of shareholders, held on June 14, 2022, that shareholders of the Company approved the adoption of the Company’s amended and restated stock option plan. The Company’s stock option plan was originally adopted by the board of directors on June 2, 2011, and previously amended on May 27, 2015. The total number of common shares of the Company (the “Common [...]
Atico Mining Corp. is pleased to announce that it has received its certificate of viability from the Mining and Energy Ministry for the construction and operations of its filtered tailing and barren rock storage facilities for La Plata mining project located in Ecuador. Following the announcement that the Ministry of Environment and Ecological Transition of Ecuador had signed the approval of the Environmental Impact Study [...]
Atico Mining is pleased to announce that it has received approval of the EIA for the construction and operations of its La Plata mining project located in Ecuador. The La Plata project has been identified by President of Ecuador, Guillermo Lasso as a strategic project and a component of the country’s reactivation plan. As a part of this plan, President Lasso has committed to accelerating the restart of the country’s [...]
Atico Mining announced its financial results for the three months ended March 31, 2022, posting income from mining operations of $9.1 million and a net income of $3.9 million. Production for the period at Atico’s El Roble mine totaled 4.7 million pounds of copper and 2,636 oz of gold in concentrate at a cash cost(1) of $1.29 per payable pound of copper(2). Fernando E. Ganoza, CEO and Director, commented, “We are pleased [...]
Atico Mining Corp. announces that pursuant to the Company's stock option plan, 1,005,206 incentive stock options exercisable at $0.405 per share for a period of five years have been granted to directors, officers, employees and consultants of the Company. Atico Mining is a growth-oriented Company, focused on exploring, developing and mining copper and gold projects in Latin America. The Company generates significant cash [...]
Atico Mining announced its financial results for the year ended December 31, 2021, posting income from mining operations of $28.0 million and a net income of $7.0 million. Production for the year at Atico's El Roble mine totaled 18.1 million pounds of copper and 11,018 ounces of gold in concentrate at a cash cost of $1.45 per payable pound of copper. Fernando E. Ganoza, CEO and Director, commented, "At the beginning of [...]