Atico Mining Corp. today announced its financial results for the three months ended March 31, 2023, posting a net loss of $0.5 million. Production for the period at Atico's El Roble mine totaled 2.3 million pounds of copper and 2,553 ounces of gold in concentrate at a cash cost of $2.20 per payable pound of copper. Fernando E. Ganoza, CEO and Director, commented, "Lower grade and throughput than planned for this period [...]
Atico Mining Corp. announces its operating results for the three months ended March 31, 2022 from its El Roble mine. Production for the quarter totaled 2.32 million pounds of copper and 2,566 ounces of gold in concentrates, a decrease of 51% and 3% for copper and gold, respectively, over the same period in 2022. "At the El Roble mine we had a lower than usual copper head grade and output for the quarter as the mine plan [...]
Atico Mining announces that pursuant to the Company's stock option plan, 1,913,936 incentive stock options exercisable at $0.205 per share for a period of five years have been granted to directors, officers, employees and consultants of the Company. About Atico Mining Corporation Atico is a growth-oriented Company, focused on exploring, developing and mining copper and gold projects in Latin America. The Company generates [...]
Atico Mining Corp. today announced its financial results for the year ended December 31, 2022, posting income from mining operations of $16.0 million and a net loss of $3.4 million. Production for the year at Atico's El Roble mine totaled 15.0 million pounds of copper and 11,213 ounces of gold in concentrate at a cash cost of $1.47 per payable pound of copper. Fernando E. Ganoza, CEO and Director, commented, "Lower [...]
Atico Mining Corp. is pleased to announce an update on the exploration program and the start of regional exploration drilling at the El Roble property in Colombia. A strategic review of historical and recent exploration programs has defined high priority targets within the favorable stratigraphy that hosts the currently producing high grade Cu/Au VMS El Roble mine. The data review highlighted strong evidence of a second [...]
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 [...]