Amerigo Resources Ltd. is pleased to announce production results for the year ended December 31, 2021 from Minera Valle Central , the Company's 100% owned operation located near Rancagua, Chile. Dollar amounts in this news release are in U.S. dollars unless indicated otherwise. "We are pleased to report annual copper production of 63.4 million pounds. MVC's strong operational performance, together with an annual robust [...]
Amerigo Resources Ltd. is pleased to announce that the Toronto Stock Exchange has accepted Amerigo's application for a normal course issuer bid . Under the NCIB Amerigo may purchase up to 10,750,000 common shares over a period of twelve months commencing on December 2, 2021. The NCIB will terminate no later than December 1, 2022. "Amerigo's Board of Directors believes that the purchase of common shares of the Company [...]
Amerigo Resources Ltd. is pleased to announce the results of its substantial issuer bid launched on September 29, 2021 to purchase for cancellation up to C$25,000,000 in value of its common shares in the authorized share structure of the Company from the holders thereof who chose to participate. The Offer expired at 5:00 p.m. EST on November 12, 2021. In accordance with the terms and conditions of the Offer, the Company [...]
Amerigo Resources Ltd. regretfully advises the passing of director David Thomas. Mr. Thomas joined the Amerigo board of directors in June 2021. He had more than 40 years of experience in the mining industry, working with Kennecott Copper Corporation, Bougainville Copper Ltd., and Austpac Resources in Australia. He also was a Vice President and Technical Director for Mellon Bank and worked at Southern Peru Copper [...]
Q3-2021 net income of $8.4 million, earnings per share of $0.05 EBITDA1 of $18.5 million, quarterly operating cash flow before changes in non-cash working capital1 of $14.1 million. VANCOUVER, British Columbia, Nov. 03, 2021 -- Amerigo Resources Ltd. is pleased to announce financial results for the quarter ended September 30, 2021 . Dollar amounts in this news release are in U.S. dollars unless indicated otherwise [...]
Amerigo Resources Ltd. is pleased to announce production results for the quarter ended September 30, 2021 from Minera Valle Central, the Company's 100% owned operation located near Rancagua, Chile. Dollar amounts in this news release are in U.S. dollars. In Q3-2021, MVC produced 16 million pounds of copper at a cash cost1 of $1.62 per pound and 0.3 M lbs of molybdenum. Q3-2021 copper production was at 109% of guidance2 [...]
Amerigo Resources Ltd. is pleased to announce its Board of Directors has reached a decision to reinstate the declaration and payment of dividends, on a quarterly basis commencing in the fourth quarter of 2021. The Company also intends to commence a substantial issuer bid to purchase for cancellation from Amerigo shareholders who choose to participate up to Cdn$25,000,000 in value of its common shares in the authorized [...]
Amerigo Resources Ltd. is pleased to announce financial results for the quarter ended June 30, 2021. Amerigo posted net income of $11.6 million, earnings per share of $0.06, EBITDA1 of $23.4 million and quarterly operating cash flow before changes in working capital of $17.1 million. "Amerigo has again met operational objectives and posted another quarter of strong financial results. The Company generated $17.1 million in [...]
Amerigo Resources Ltd. is pleased to announce that Minera Valle Central, the Company's 100% owned operation located near Rancagua, Chile, will receive the 2021 San Lorenzo award from Chile's National Mining Society . The San Lorenzo awards were established by SONAMI in 1999 and are presented annually to members of the Chilean mining community that have made an outstanding contribution to the industry, acted as leaders on [...]
Amerigo Resources Ltd. is pleased to announce production results for the quarter ended June 30, 2021 from Minera Valle Central, the Company's 100% owned operation located near Rancagua, Chile. In Q2-2021, MVC produced 15.0 million pounds of copper at a cash cost1 of $1.81 per pound and 0.3 M lbs of molybdenum. Q2-2021 copper production was at 96% of guidance2 . Molybdenum production in Q2-2021 was at 84% of guidance2 [...]
Amerigo Resources Ltd. is pleased to announce that Minera Valle Central, the Company's 100% owned operation located near Rancagua, Chile has received its first annual Renewable Energy Certificate, issued by the International REC Standard. The REC is an Energy Attribute Certificate under which MVC can reliably claim that the 308,653 MWh it consumed during the period January 1, to December 31, 2020, representing 100% of [...]
Amerigo Resources Ltd. is pleased to provide the following update regarding the debt facilities of Minera Valle Central, the Company's 100% owned operation located near Rancagua, Chile. On June 30, 2021, MVC completed a restructuring of its debt facilities which included: a) Full repayment of the remaining principal amount of $42.2 million which remained outstanding under MVC's existing debt facility, along with accrued [...]