Amerigo Resources Ltd. is pleased to announce it has earned a spot on the 2021 Women Lead Here list published by the Globe and Mail's Report on Business, an annual editorial benchmark that identifies best-in-class executive gender diversity in corporate Canada. The Women Lead Here initiative was established in 2020 by Report on Business magazine. Through a proprietary research methodology, it identifies corporations in [...]
Amerigo Resources Ltd. is pleased to announce financial results for the three months and year ended December 31, 2020. Amerigo posted annual net income of $6.1 million, earnings per share of $0.03, EBITDA1 of $33.1 million and annual operating cash flow before changes in working capital of $29.1 million. In Q4-2020, the Company's net income was $8.3 million, with EPS of $0.05, EBITDA1 of $20.1 million and quarterly [...]
Amerigo Resources Ltd. is pleased to announce 2020 production results from Minera Valle Central , the Company’s 100% owned operation located near Rancagua, Chile. MVC produced 56.2 million pounds of copper at a cash cost of $1.76 per pound and 1.4 M lbs of molybdenum. All dollar amounts in this news release refer to U.S. dollars . Annual copper production results were 1% below the latest guidance provided in the Q3-2020 [...]
Amerigo Resources Ltd. is pleased to announce the appointment of Harbor Access LLC to provide external investor relations services to Amerigo. Harbor Access is an investor relations and investor access firm representing and advising micro to mega market cap companies, with a collective 75+ years of direct capital market experience. “We are excited to work with Aurora and Amerigo as the Company has a unique story that we [...]
$10.7 million cash generated from operations in the quarter Quarterly net income of $5.4 million Ending cash of $10.5 million after debt service of $6.1 million in the quarter Amounts in this news release are reported in U.S. dollars except where indicated otherwise. VANCOUVER, British Columbia, Nov. 04, 2020 -- November 4, 2020/Amerigo Resources Ltd. is pleased to announce financial results for the quarter ended [...]
Amerigo Resources Ltd. is pleased to announce Q3-2020 production results from Minera Valle Central , the Company’s 100% owned operation located near Rancagua, Chile. MVC produced 14.7 million pounds of copper at a cash cost of US$1.80 per pound and 0.4 M lbs of molybdenum. MVC’s copper production from fresh and Cauquenes tailings increased 13% compared to Q2-2020 and was 9% higher than the Q3-2020 guidance provided in the [...]
$2.8 million cash generated from operations in the quarter Quarterly net loss down to $3.6 million Lower tolling & production costs, cash cost and total cost VANCOUVER, British Columbia, Aug. 12, 2020 -- Amerigo Resources Ltd. announced financial results for the quarter ended June 30, 2020 . Net loss was $3.6 million from higher revenue and lower tolling and production costs at MVC . Loss per share during Q2-2020 was [...]
Amerigo Resources Ltd. is pleased to announce the appointment of Carmen Amezquita, CPA, CA as Chief Financial Officer, effective August 1, 2020. Carmen has served as the Chief Financial Officer and Corporate Controller for mining companies with both producing mines and exploration properties located in Latin America. Previous to that, she worked in the audit and assurance group at PricewaterhouseCoopers. Carmen is fluent [...]
Amerigo Resources Ltd. announced today Q2-2020 production results from Minera Valle Central , the Company’s 100% owned operation located near Rancagua, Chile. MVC produced 12.97 million pounds of copper at a cash cost of US$1.72/lb per pound, and 0.35 M lbs of molybdenum. In Q2-2020, MVC’s copper production from fresh and Cauquenes tailings increased 20% compared to Q1-2020. April 2020 May 2020 June 2020 Q2-2020 Fresh [...]
Amerigo Resources Ltd. is pleased to report that on May 8, 2020, Chile’s Minister of Mining, Baldo Prokurica, visited the Company’s Chilean operation Minera Valle Central to learn about the actions that MVC has implemented to protect the health of MVC’s workers and subcontractors, and maintain zero contagion at the operation amidst the Covid-19 global pandemic. Following his visit, Mr. Prokurica commented, “This is a [...]
Amerigo Resources Ltd. is pleased to announce the appointment of Michael Luzich to the Company’s board of directors effective May 12, 2020. Mr. Luzich is the founder of Luzich Partners LLC, a multi-strategy investment firm formed in 2013 and a significant shareholder in the Company. Michael Luzich brings to the Board more than 30 years of investment and development expertise and has been founder and president of various [...]
Net loss of $4.0 million after $5.3 million of negative copper settlement adjustments Net negative operating cash flow of $1.4 million Working capital deficiency of $27.7 million VANCOUVER, British Columbia, May 06, 2020 -- Amerigo Resources Ltd. announced financial results for the quarter ended March 31, 2020 . Quarterly financial performance was impacted by low copper prices as a result of the current global pandemic [...]
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