Amerigo Resources is pleased to announce that its wholly-owned subsidiary Minera Valle Central S.A., has received approval from Banco Bilbao Vizcaya Argentaria and Export Development Canada for a loan facility of up to $35.3 million to fund the second phase of the planned expansion of MVC's operations for the processing of tailings from the historic Cauquenes deposit (the "Cauquenes Phase Two Expansion"). MVC has provided [...]
Amerigo Resources announced today production results for the second quarter of 2017 from Minera Valle Central, the Company's operation located near Rancagua, Chile. Operational Highlights for Q2-2017: In Q2-2017, MVC produced 16.3 million pounds of copper at a cash cost of $1.53 per pound, pursuant to a tolling agreement with Codelco's Division El Teniente and a toll processing agreement with Minera Maricunga. Copper [...]
Amerigo Resources reported today financial results for the three months ended March 31, 2017. The Company posted revenue of $29.7 million and a net loss of $1.3 million. Cash of $4.3 million was generated from operations before working capital changes. At March 31, 2017, cash balance was $23.1 million. The detailed engineering for MVC's Cauquenes phas...
Amerigo Resources announced today the results of voting at its 2017 Annual General Meeting of Shareholders held on May 1, 2017 in Vancouver, British Columbia. A total of 83,168,525 common shares were voted at the meeting, representing 47.41% of the votes attached to all outstanding common shares. Shareholders voted in favour of all items of business before the meeting, including the election of all director nominees as [...]
VANCOUVER, BC / ACCESSWIRE / April 20, 2017 / Amerigo Resources Ltd. (TSX: ARG) ("Amerigo" or the "Company") announced today production results for the first quarter of 2017 from Minera Valle Central ("MVC"), the Company's operation located near Rancagua, Chile. Operational Highlights for Q1-2017: In Q1-2017, MVC produced 15.1 million pounds of copper at a cash cost of $1.71 per pound, pursuant to a tolling agreement with [...]
VANCOUVER, British Columbia, March 30, 2017 (GLOBE NEWSWIRE) -- Amerigo Resources Ltd. (TSX:ARG) ("Amerigo" or the "Company") is pleased to announce that it has filed a technical report (the "Report") prepared for Minera Valle Central, S.A. ("MVC"), Amerigo's Chilean subsidiary in conjunction with Amerigo's intention to commence the Cauquenes Phase Two Expansion project ("Phase Two"). Phase Two is planned to improve [...]
Q4-2016: $7.0 million in operating cash flow, net earnings of $3.0 million Annual 2016: $9.6 million in operating cash flow, net loss of $7.5 million Record annual copper production VANCOUVER, British Columbia, Feb. 22, 2017 (GLOBE NEWSWIRE) -- Amerigo Resources Ltd. (TSX:ARG) (“Amerigo” or the “Company”) reported today financial results for the year ended December 31, 2016. The Company posted [...]
VANCOUVER, British Columbia, Feb. 21, 2017 (GLOBE NEWSWIRE) -- Amerigo Resources Ltd. (TSX:ARG) ("Amerigo" or the "Company") is pleased to announce that its wholly-owned Chilean subsidiary, Minera Valle Central S.A. (“MVC”), has executed a financing mandate agreement (the "Mandate Agreement") with BBVA Chile and BBVA Securities Inc. (collectively “BBVA”). The Mandate Agreement sets out an exclusive [...]
VANCOUVER, British Columbia, Jan. 26, 2017 (GLOBE NEWSWIRE) -- Amerigo Resources Ltd. ("Amerigo" or the "Company") (TSX:ARG) announced today production results for the fourth quarter and full year 2016 from Minera Valle Central ("MVC"), the Company’s operation located near Rancagua, Chile. Operational Highlights for Q4 and Annual 2016: MVC produced 56.8 million pounds of copper in 2016 at a cash cost of $1.73 per [...]
Vancouver, British Columbia--(Newsfile Corp. - December 12, 2016) - Amerigo Resources Ltd. (TSX: ARG) ("Amerigo" or the "Company") is pleased to announce that Minera Valle Central ("MVC"), the Company's 100% owned operation located near Rancagua, Chile, has successfully met the completion tests set out in the $64.4 million finance agreement under which phase one of the Cauquenes project was financed. The completion tests [...]
Record production of 16.0 million pounds of copper $1.7 million cash flow from operations VANCOUVER, British Columbia, Nov. 09, 2016 (GLOBE NEWSWIRE) -- Amerigo Resources Ltd. (TSX:ARG) (“Amerigo” or the “Company”) reported today financial results for the three months ended September 30, 2016 (“Q3-2016”). The Company posted revenue of $23.4 million and a net loss of $2.5 million. The [...]
VANCOUVER, British Columbia, Oct. 19, 2016 (GLOBE NEWSWIRE) -- Amerigo Resources Ltd. ("Amerigo" or the "Company") (TSX:ARG) announced today production results for the third quarter of 2016 from Minera Valle Central ("MVC"), the Company’s operation located near Rancagua, Chile. Operational Highlights for Q3-2016: In Q3-2016, MVC produced 16.0 million pounds of copper at a cash cost of $1.60 per pound, pursuant to a [...]
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