Amerigo Resources Ltd. is providing an operational update on Minera Valle Central , the Company's 100% owned operation located near Rancagua, Chile. Following the Company's June 17, 2024 news release, Amerigo reports that heavy rains continued at MVC and have now ended. The total reported rainfall at MVC from June 13 to June 23, 2024, was 267 mm. As a reference, recent full-year precipitations were 287 mm in 2022 and 247 [...]
Amerigo Resources Ltd. is providing an operational update on Minera Valle Central , the Company's 100% owned operation located near Rancagua, Chile. Heavy rains occurred near MVC on Thursday, June 13, and Friday, June 14, 2024, with reported rainfall of 116 mm. The power supply to MVC was unaffected, and MVC is processing fresh tailings normally. The rains caused water accumulation in the Cauquenes historic tailings [...]
Q1-2024 net income of $4.3 million Quarterly EBITDA1 of $13.6 million - free cash flow to equity1 of $7.3 million Current copper prices substantially above Q1-2024 average Quarterly dividend of Cdn$0.03 per share declared, representing a 7.7% yield3 VANCOUVER, British Columbia, May 08, 2024 -- Amerigo Resources Ltd. is pleased to announce financial results for the three months ended March 31, 2024 . Dollar amounts in this [...]
Amerigo Resources Ltd. announces the results of voting at its 2024 Annual General Meeting of Shareholders held on April 30, 2024. A total of 75,607,500 common shares were voted at the AGM, representing 45.72% of the votes attached to all outstanding common shares of the Company. Shareholders voted in favour of all items of business before the AGM, including the election of all director nominees as follows: Name Votes by [...]
Q1-2024 copper production of 16.0 million pounds, 2% over guidance Q1-2024 normalized cash cost1 of $1.89 per pound, beating guidance by 9% $3.7 million dividend to shareholders in Q1-2024 VANCOUVER, British Columbia, April 10, 2024 -- Amerigo Resources Ltd. is pleased to announce production results for the quarter ended March 31, 2024 from Minera Valle Central , the Company's 100% owned operation located near Rancagua [...]
2023 net income of $3.4 million Annual EBITDA1 of $34.6 million - $17.2 million returned to shareholders2 in 2023 Quarterly dividend of Cdn$0.03 per share declared, representing an 8.6% yield3 VANCOUVER, British Columbia, Feb. 21, 2024 -- Amerigo Resources Ltd. is pleased to announce financial results for the year and three months ended December 31, 2023. Dollar amounts in this news release are in U.S. dollars unless [...]
2023 copper production of 57.6 M pounds 2023 cash cost1 $2.17 /lb 2024 increased copper production guidance of 62.4 M pounds 2024 cash cost1 guidance of $2.08 /lb VANCOUVER, British Columbia, Jan. 16, 2024 -- Amerigo Resources Ltd. announced today 2023 production results from Minera Valle Central , the Company's 100% owned operation located near Rancagua, Chile. Dollar amounts in this news release are in U.S. dollars [...]
Amerigo Resources Ltd. is pleased to announce that on January 8, 2024, Minera Valle Central , the Company's 100% owned operation located near Rancagua, Chile satisfactorily concluded negotiations with its 68-member union of supervisors. The parties have entered into a new 3-year collective agreement with a term date of January 7, 2027. "We are pleased to report that negotiations with MVC's union of supervisors concluded [...]
Amerigo Resources Ltd. is pleased to announce that it has received approval from the Toronto Stock Exchange to proceed with a new normal course issuer bid . The NCIB will commence on December 2, 2023, and may continue to December 1, 2024, or at such earlier time as the NCIB is completed or terminated at the option of the Company. Under the NCIB, Amerigo may purchase for cancellation up to 10,900,000 common shares of the [...]
Amerigo Resources Ltd. is pleased to announce that Minera Valle Central , the Company's 100% owned operation located near Rancagua, Chile, received on November 6, 2023, the 2023 Distinction for Excellence award from Chile's Workers Safety Institute . This national award recognizes companies' excellence, contributions and results in fostering a preventive safety culture and workers' safety. MVC received the award for [...]
Net loss of $5.8 million driven by 31% lower copper production EBITDA1 of $3.2 million, ending quarter cash & restricted cash of $19.4 million Quarterly dividend of Cdn$0.03 per share declared, representing a 9.4% yield2 Current production outperforming Q4-2022, Capital Return Strategy remains in place VANCOUVER, British Columbia, Nov. 01, 2023 -- Amerigo Resources Ltd. announces financial results for the three months [...]
Q3-2023 copper production of 11.1 million pounds * Q3-2023 cash cost1 of $2.44 per pound * $3.7 million returned to shareholders in Q3-2023 MVC resumed full production on September 21, 2023 *Results impacted by the temporary impact of historic flooding VANCOUVER, British Columbia, Oct. 10, 2023 -- Amerigo Resources Ltd. announces production results for the quarter ended September 30, 2023 from Minera Valle Central , the [...]