Atico Mining Corp. reports that its Colombian subsidiary, Minera El Roble S.A. has received an update to the claim amount from the Colombian National Mining Agency related to payment of royalties on past copper production. The Company provided an update on this matter in its press release dated July 22, 2021, where it stated that the Agency continues to send claims related to outstanding payments on past royalties despite [...]
Atico Mining Corp. today announced its financial results for the three months ended September 30, 2021 , posting income from mining operations of $13.8 million and a net income of $7.6 million. Fernando E. Ganoza, CEO and Director, commented, "During this quarter the operation improved most of the production metrics relative to the first half of the year, however we saw a slight increase in cash cost during this period [...]
Atico Mining Corp. announces its operating results for the three months ended September 30, 2021 from its El Roble mine. Production for the quarter totaled 4.43 million pounds of copper and 2,952 ounces of gold in concentrates, a decrease of 20% for copper and an increase of 19% for gold over the same period in 2020. "The production results for the quarter, particularly for copper were slightly below our 2021 objectives [...]
Atico Mining Corp. is pleased to announce that its wholly-owned subsidiary, Toachi Mining Inc. , has acquired the remaining 40% of the issued and outstanding shares of Compa?ia Minera La Plata S.A. , which owns the concessions comprising the La Plata project. The acquisition was completed pursuant to a share purchase agreement dated the date hereof among Toachi, Atico and certain shareholders of CMLP . As a result of the [...]
Atico Mining Corp. today announced its financial results for the three months ended June 30, 2021 , posting income from mining operations of $4.9 million and a net income of $0.6 million. Fernando E. Ganoza, CEO and Director, commented, "Similarly to the previous quarter, the challenging situation in country and severe weather conditions resulted in operational setbacks, a slight loss of production and an increase in cash [...]
Atico Mining Corp. announces its operating results for the three months ended June 30, 2021 from its El Roble mine. Production for the quarter totaled 4.46 million pounds of copper and 2,732 ounces of gold in concentrates, a decrease of 10% for copper and no significant change for gold, over the same period in 2020. "The El Roble mine performed within expectations in almost all metrics despite a very challenging in [...]
Atico Mining Corp. is pleased to report on the latest results of its 2021 drilling program at the La Plata high-grade volcanogenic massive sulphide project in Ecuador. These latest results confirm additional new zones outside of the known envelopes, more precisely along strike and between North and South Blocks. La Plata Drilling Highlights Include: Hole From To Interval Au Ag Cu Zn CMLP-21-189 241.00 250.80 9.80 2.81 [...]
Atico Mining Corp. is pleased to announce the appointment of Mr. Matias Herrero, CPA, CA, as Chief Financial Officer effective July 2, 2021. Mr. Herrero is a Canadian chartered accountant, with 15 years of progressive senior level experience as a mining professional in various areas including finance, mergers and acquisitions, international arbitration, treasury management, risk management, regulatory compliance, and [...]
Atico Mining Corp. today announced its financial results for the three months ended March 31, 2021 , posting income from mining operations of $5.3 million and a net income of $1.2 million. Fernando E. Ganoza, CEO and Director, commented, "This was a particularly challenging quarter given the operational setbacks resulting in loss production and an increase in cash cost, partially mitigated by higher realized metal prices [...]
Atico Mining Corp. is pleased to report on the latest results of its 2021 drilling program at the La Plata precious metals-rich volcanogenic massive sulphide project in Ecuador. These latest results confirm additional new zones outside of the known envelopes, more precisely along strike and below the North Block. La Plata Drilling Highlights Include: Hole From To Interval Au Ag Cu Zn CMLP-21-181 145.83 148.85 3.02 6.97 [...]
Atico Mining Corp. announces its operating results for the three months ended March 31, 2021 from its El Roble mine. Production for the quarter totaled 4.50 million pounds of copper and 2,134 ounces of gold in concentrates, a decrease of 8% and 22% for copper and gold, respectively, over the same period in 2020. "At the El Roble mine production faced significant challenges this quarter, as we experienced heavy rains [...]
Atico Mining Corp. today announced its financial results for the year ended December 31, 2020, posting income from mining operations of $18.1 million and a net income of $8.4 million. Production for the year at Atico's El Roble mine totaled 20.6 million pounds of copper and 10,821 ounces of gold in concentrate at a cash cost of $1.06 per payable pound of copper. Fernando E. Ganoza, CEO and Director, commented, "In 2020 [...]
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