Cash cost down to $1.81/lb Cash flow of $1.4 million generated from operations VANCOUVER, British Columbia, May 04, 2016 (GLOBE NEWSWIRE) -- Amerigo Resources Ltd. (TSX:ARG) (“Amerigo” or the “Company”) reported today financial results for the three months ended March 31, 2016 (“Q1-2016”). The Company posted revenue of $19.3 million and a net loss of $4.4 million. Cash of $1.4 million [...]
Amerigo Resources announced today the results of voting at its 2016 Annual General Meeting of Shareholders held on May 2, 2016 in Vancouver British Columbia. A total of 95,569,528 common shares were voted at the meeting, representing 54.71% of the votes attached to all outstanding common shares. Shareholders voted in favour of all items of business before the meeting, including the election of all director nominees as [...]
VANCOUVER, British Columbia, April 14, 2016 (GLOBE NEWSWIRE) -- Amerigo Resources Ltd. ("Amerigo" or the "Company") (TSX:ARG) announced today production results for the first quarter of 2016 from Minera Valle Central ("MVC"), the Company’s operation located near Rancagua, Chile. Operational Highlights for Q1-2016: In Q1-2016, MVC produced 12.9 million pounds of copper at a cash cost of $1.82 per pound, pursuant to a [...]
Revenues of $52.6 Million $5.0 Million in Operating Cash Outflow, Net Loss of $16.9 Million VANCOUVER, BC--(Marketwired - February 25, 2016) - Amerigo Resources Ltd. (TSX: ARG) ("Amerigo" or the "Company") reported today financial results for the year ended December 31, 2015. The Company posted revenue of $52.6 million1, operating cash outflow before changes in non-cash working capital of $5.0 million and a net loss [...]
VANCOUVER, BC--(Marketwired - February 05, 2016) - Amerigo Resources Ltd. (TSX: ARG) ("Amerigo" or the "Company") announced today production results for the fourth quarter of 2015 from Minera Valle Central ("MVC"), the Company's operations located near Rancagua, Chile. MVC produced 10.860 million pounds of copper, including copper produced pursuant to MVC's tolling contract with Minera Maricunga during the three months [...]
- First Production from Cauquenes - $2.5 million in operating cash outflow, net loss of $6.2 million VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov 4, 2015) - Amerigo Resources Ltd. (TSX:ARG) ("Amerigo" or the "Company") reported today results for the three months ended September 30, 2015. The Company posted revenues of $10.8 million1 and operating cash outflow before changes in non-cash working capital of $2.5 [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 20, 2015) - Amerigo Resources Ltd. (TSX:ARG), ("Amerigo" or the "Company") announced today production results for the third quarter of 2015 from Minera Valle Central ("MVC"), the Company's operations located near Rancagua, Chile. MVC produced 8.5 million pounds of copper, including copper produced pursuant to MVC's tolling contract with Minera Maricunga. MVC did not produce [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 29, 2015) - Amerigo Resources Ltd. (TSX:ARG) ("Amerigo" or the "Company") announces the following changes to its management team effective October 1, 2015: Dr. Klaus Zeitler is to retire as Chief Executive Officer and remain Executive Chairman Rob Henderson, currently the Company's President and Chief Operating Officer, is to assume the role of Chief Executive Officer [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 24, 2015) - Amerigo Resources Ltd. (TSX:ARG) ("Amerigo" or the "Company") reported today that its Chilean subsidiary, Minera Valle Central S.A. ("MVC"), has commenced processing historic tailings from the Cauquenes tailings deposit located near MVC's plant after a construction period of only 5 1/2 months. Rob Henderson, Amerigo's President and COO, stated "Phase 1 of the [...]
- Revenues of $16.4 million(1), $2.0 million net loss - $0.6 million in operating cash outflow - Cauquenes expansion on schedule and on budget VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 12, 2015) - Amerigo Resources Ltd. (TSX:ARG) ("Amerigo" or the "Company") reported today results for the three months ended June 30, 2015. The Company posted revenues of $16.4 million1 and operating cash outflow before changes in [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 17, 2015) - Amerigo Resources Ltd. (TSX:ARG) ("Amerigo" or the "Company") announced today production results for the second quarter of 2015 from Minera Valle Central ("MVC"), the Company's operations located near Rancagua, Chile. MVC produced 9.118 million pounds of copper, including copper produced pursuant to MVC's tolling contract with Minera Maricunga. MVC did not [...]
- Revenues of $17.7 million(1) - $1.2 million cash flow from operations, $4.1 million net loss - Cauquenes expansion on schedule and on budget VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 6, 2015) - Amerigo Resources Ltd. (TSX:ARG) ("Amerigo" or the "Company") reported today results for the three months ended March 31, 2015. The Company posted revenues of $17.7 million1 and generated $1.2 million in cash flow from [...]