Atico Mining Corp. announces that, further to its press release dated June 9, 2025, it has entered into a term sheet with Trafigura PTE. LTD. regarding an amendment and extension of the Company's existing secured credit agreement with Trafigura and certain subsidiaries of the Company, of which US$8.7 million remains outstanding . Pursuant to the term sheet, the Principal Amount will be repaid in two instalments of US$2.7 [...]
Atico Mining announces it is undertaking a rights offering to raise gross proceeds of up to approximately $5,336,592 and concurrent offering under the listed issuer financing exemption to raise gross proceeds of up to approximately $3,200,000, to bring the total amount raised by the Company to up to approximately $8,536,592. Directors and officers of the Company are expected to lead the financing and so long as room is [...]
Atico Mining announced its financial results for the three months ended March 31, 2025, posting income from mining operations of $3.7 million and a net loss of $0.8 million for the quarter. Production for the quarter at Atico's El Roble mine totaled 2.2 million pounds of copper and 1,578 ounces of gold in concentrate at a cash cost of $3.00 per payable pound of copper. Fernando E. Ganoza, CEO and Director, commented [...]
Atico Mining is pleased to announce that further to the News Release on April 10th 2025, it has now signed the new 30-year mining title with the Colombian National Mining Agency for the El Roble mine. "The new 30-year title is very positive for the Company as it significantly de risks the El Roble operation," said Fernando E. Ganoza, CEO. "The new title also includes the ability to sell the previously pledged concentrate [...]
Atico Mining announces its operating results for the three months ended March 31, 2025 from its El Roble mine. Production for the quarter totaled 2.23 million pounds of copper and 1,553 ounces of gold in concentrates, a decrease of 33% for copper and 28% for gold, respectively, over the same period in 2024. "The El Roble mine performed below schedule this quarter as the transition to the new areas was delayed by [...]
Atico Mining announced its financial results for the year ended December 31, 2024, posting income from mining operations of $14 million and a net loss of $18.7 million. Production for the year at Atico's El Roble mine totaled 13.7 million pounds of copper and 9,106 ounces of gold in concentrate at a cash cost of $2.07 per payable pound of copper. Fernando E. Ganoza, CEO and Director, commented, "the El Roble mine [...]
Atico Mining Corp. is pleased to announce that representatives from the National Mining Agency , joined by the Governor of the Department of Choco and the Mayor of El Carmen de Atrato, have publicly declared that a new 30-year mining title will be granted to Minera El Roble. Following more than 18-months of negotiations with the Company, the NMA has reached a decision and, during a press conference, revealed that it will [...]
Atico Mining Corp. announces that, further to the news release issued on December 29, 2021, regarding the royalty dispute concerning the El Roble property, the Center for Arbitration and Conciliation of the Bogotá Chamber of Commerce has reached a decision. The tribunal has ruled in favor of the National Mining Agency ordering the Company's subsidiary Minera El Roble to back pay copper royalties since 1994. The ruling [...]
Atico Mining Corp. is pleased to announce operating results for the three months and year ended December 31, 2024 from its El Roble mine. Production totaled 3.7 million pounds of copper with 1,918 ounces of gold for the fourth quarter and 13.67 million pounds of copper with 9,025 ounces of gold in concentrates for the full year in 2024. "The Company had a solid operational year overall as we met our production guidance [...]
Atico Mining Corp. today announced its financial results for the three months ended September 30, 2024, posting income from mining operations of $5.8 million and net income of $1.2 million for the quarter. Production for the quarter at Atico's El Roble mine totaled 2.9 million pounds of copper and 2,072 ounces of gold in concentrate at a cash cost of $2.44 per payable pound of copper. Fernando E. Ganoza, CEO and Director [...]
Atico Mining Corp. announces its operating results for the three months ended September 30, 2024 from its El Roble mine. Production for the quarter totaled 2.91 million pounds of copper and 2,055 ounces of gold in concentrates, a decrease of 23% for copper and 19% for gold, respectively, over the same period in 2023. "The El Roble mine is undergoing a transition from the lower areas of the mine towards the new [...]
Atico Mining Corp. today announced its financial results for the three months ended June 30, 2024, posting income from mining operations of $2.6 million and a net loss of $0.4 million. Production for the period at Atico's El Roble mine totaled 3.7 million pounds of copper and 2,850 ounces of gold in concentrate at a cash cost of $1.48 per payable pound of copper. Fernando E. Ganoza, CEO and Director, commented, "this [...]
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