Q3-2021 net income of $8.4 million, earnings per share of $0.05 EBITDA1 of $18.5 million, quarterly operating cash flow before changes in non-cash working capital1 of $14.1 million. VANCOUVER, British Columbia, Nov. 03, 2021 -- Amerigo Resources Ltd. is pleased to announce financial results for the quarter ended September 30, 2021 . Dollar amounts in this news release are in U.S. dollars unless indicated otherwise [...]
Amerigo Resources Ltd. is pleased to announce production results for the quarter ended September 30, 2021 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. In Q3-2021, MVC produced 16 million pounds of copper at a cash cost1 of $1.62 per pound and 0.3 M lbs of molybdenum. Q3-2021 copper production was at 109% of guidance2 [...]
Amerigo Resources Ltd. is pleased to announce its Board of Directors has reached a decision to reinstate the declaration and payment of dividends, on a quarterly basis commencing in the fourth quarter of 2021. The Company also intends to commence a substantial issuer bid to purchase for cancellation from Amerigo shareholders who choose to participate up to Cdn$25,000,000 in value of its common shares in the authorized [...]
Amerigo Resources Ltd. is pleased to announce financial results for the quarter ended June 30, 2021. Amerigo posted net income of $11.6 million, earnings per share of $0.06, EBITDA1 of $23.4 million and quarterly operating cash flow before changes in working capital of $17.1 million. "Amerigo has again met operational objectives and posted another quarter of strong financial results. The Company generated $17.1 million in [...]
Amerigo Resources Ltd. is pleased to announce that Minera Valle Central, the Company's 100% owned operation located near Rancagua, Chile, will receive the 2021 San Lorenzo award from Chile's National Mining Society . The San Lorenzo awards were established by SONAMI in 1999 and are presented annually to members of the Chilean mining community that have made an outstanding contribution to the industry, acted as leaders on [...]
Amerigo Resources Ltd. is pleased to announce production results for the quarter ended June 30, 2021 from Minera Valle Central, the Company's 100% owned operation located near Rancagua, Chile. In Q2-2021, MVC produced 15.0 million pounds of copper at a cash cost1 of $1.81 per pound and 0.3 M lbs of molybdenum. Q2-2021 copper production was at 96% of guidance2 . Molybdenum production in Q2-2021 was at 84% of guidance2 [...]
Amerigo Resources Ltd. is pleased to announce that Minera Valle Central, the Company's 100% owned operation located near Rancagua, Chile has received its first annual Renewable Energy Certificate, issued by the International REC Standard. The REC is an Energy Attribute Certificate under which MVC can reliably claim that the 308,653 MWh it consumed during the period January 1, to December 31, 2020, representing 100% of [...]
Amerigo Resources Ltd. is pleased to provide the following update regarding the debt facilities of Minera Valle Central, the Company's 100% owned operation located near Rancagua, Chile. On June 30, 2021, MVC completed a restructuring of its debt facilities which included: a) Full repayment of the remaining principal amount of $42.2 million which remained outstanding under MVC's existing debt facility, along with accrued [...]
Amerigo Resources Ltd. is pleased to announce the appointment of Margot Naudie and David Thomas to the Company's board of directors. Margot Naudie is a seasoned 25-year capital markets professional with global investment expertise as a Senior Portfolio Manager for long-only and long/short North American and global natural resource portfolios. She has held senior roles at leading multi-billion-dollar asset management [...]
Amerigo Resources Ltd. is pleased to announce financial results for the three months ended March 31, 2021 . Amerigo posted net income of $10.9 million, earnings per share of $0.06, EBITDA1 of $23.3 million and quarterly operating cash flow before changes in working capital of $20.0 million. "We are pleased to report again strong operational and financial results at Amerigo Resources. At an average quarterly copper price [...]
Amerigo Resources Ltd. announces the results of voting at its 2021 Annual General Meeting of Shareholders held on May 3, 2021. A total of 126,544,736 common shares were voted at the AGM, representing 69.61% 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 [...]
Amerigo Resources Ltd. is pleased to announce production results for the quarter ended March 31, 2021 from Minera Valle Central , the Company's 100% owned operation located near Rancagua, Chile. All dollar amounts in this news release refer to U.S. dollars. MVC produced 15.5 million pounds of copper at a cash cost of $1.89 per pound and 0.4 M lbs of molybdenum. With respect to the Company's Q1-2021 guidance provided on [...]