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 4.82 million pounds of copper and 2,636 ounces of gold in concentrates, an increase of 7% and 24% for copper and gold, respectively, over the same period in 2021. "At the El Roble mine we had an outstanding quarter when compared to our guidance and same period last year [...]
Atico Mining Corp. reports a land slide in the vicinity of its operations and most importantly, no injuries occurred as a result of this incident. On April 1st the landslide occurred in the vicinity of our dewatering plant causing minor equipment damage resulting in a pause in operations. The Company is very pleased to report that there were no injuries as a result of this incident. The operations team estimates that it [...]
Atico Mining Corp. is pleased to announce that it has received the administrative resolution to modify the mining regime of its 100% owned La Plata project in Ecuador. As part of the necessary permit and licensing process to start the construction of the mine facilities, Atico has received the resolution from the sectoral ministry which contains the approval to place the La Plata VMS project into the economic evaluation [...]
Atico Mining Corp. is pleased to announce that it has entered into a secured definitive credit agreement between the Company, Trafigura PTE. LTD. and certain subsidiaries of the Company for the principal sum of US$10 million and has received a non-binding proposal from the Lender to finance La Plata construction against future off-take. "With access to capital provided by the Lender along with internally generated [...]
Atico Mining Corp. is pleased to announce operating results for the three and twelve month periods ended December 31, 2021 from its El Roble mine. Production totaled 4.93 million pounds of copper with 3,152 ounces of gold for the fourth quarter and 18.07 million pounds of copper with 11,016 ounces of gold in concentrates for the full year 2021. "2021 was a challenging year where the operations team had to navigate through [...]
Responsible Mining Solutions Corp. and Atico Mining Corp. RMS and Atico jointly announce that they have successfully completed the commissioning and hand-over of the Integrated Tailings Dewatering Plant designed to receive flotation tailings from the El Roble mill and processing facilities. Please refer to Figure 01, for a visual overview of the plant. Figure 1 - El Roble, ITDS during [...]
Atico Mining Corp. announces it has entered into an agreement with the National Mining Agency in Colombia related to the ongoing royalty dispute covering the El Roble property. While the Company has maintained that it has been in good standing with the requirements for a new title, with this agreement the company has formally been brought into good standing by the NMA. As a part of the Agreement, the NMA and the Company [...]
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 [...]
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