Atico Mining Corp. is pleased to announce that the Ministry of the Environment, Water, and Ecological Transition successfully concluded the Community Participation Process for Environmental Consultation as a final step in the process prior to granting the Environmental License for exploitation. "For Atico, the successful completion of the PPC marks a significant milestone in the La Plata project's path towards [...]
Atico Mining Corp. today announced its financial results for the three months ended June 30, 2025, posting income from mining operations of $4.5 million and a net income of $2.7 million for the quarter. Production for the quarter at Atico's El Roble mine totaled 2.2 million pounds of copper and 2,385 ounces of gold in concentrate at a cash cost of $1.73 per payable pound of copper . Fernando E. Ganoza, CEO and Director [...]
Atico Mining Corp. announces its operating results for the three months ended June 30, 2025 from its El Roble mine and change in management. Production for the quarter totaled 2.16 million pounds of copper and 2,385 ounces of gold in concentrates. "The El Roble mine performed as expected for this period, showing improvements compared to the first quarter especially in terms of gold grades and output. Concurrently [...]
Atico Mining Corp. is pleased to announce the closing of its offering under the listed issuer financing exemption , previously disclosed in the Company's press releases dated June 9, 2025, June 13, 2025 and July 22, 2025. Under the LIFE Offering, Atico sold 29,090,910 units of the Company , at a subscription price of $0.11 per LIFE Unit, for gross proceeds of $3,200,000. Under the LIFE Offering and the Company's rights [...]
Atico Mining Corp. is pleased to announce the closing of its rights offering , previously disclosed in the Company's press releases dated June 9, 2025 and June 13, 2025. Shareholders of Atico exercised rights to acquire 29,887,022 units of the Company , at the subscription price of $0.11 per Rights Unit, for gross proceeds of $3,287,572.42. Each Rights Unit consisted of one common share of the Company and one transferable [...]
Atico Mining Corp. announces that, further to its press release dated June 13, 2025, it has fully executed the loan amendment and restructuring with Trafigura PTE. LTD. regarding the 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 . Under the amendment, the Principal Amount will be repaid in two installments [...]
Atico Mining Corp. announces that, further to its press release dated June 9, 2025, in connection with its concurrent Rights Offering and LIFE Offering , the Company has filed an amended and restated rights offering circular and an amended and restated offering document for the LIFE Offering . The Offering Documents have been amended to disclose the term sheet entered into between the Company and Trafigura PTE. Ltd [...]
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 [...]