News & Videos - AMERIGO RESOURCES ARREF

Q1-2024 copper production of 16.0 million pounds, 2% over guidance Q1-2024 normalized cash cost 1 of $1.89 per pound, beating guidance by 9% $3.7 million dividend to shareholders in Q1-2024 VANCOUVER, British Columbia, April 10, 2024 (GLOBE NEWSWIRE) -- Amerigo Resources Ltd. (TSX: ARG; OTCQX: ARREF) (“Amerigo” or the “Company”) is pleased to announce production results for the quarter ended March 31, 2024 (“Q1-2024”) from Minera Valle Central (“MVC”), the Company’s 100% owned...

2023 net income of $3.4 million Annual EBITDA 1 of $34.6 million - $17.2 million returned to shareholders 2 in 2023 Quarterly dividend of Cdn$0.03 per share declared, representing an 8.6% yield 3 VANCOUVER, British Columbia, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Amerigo Resources Ltd. (TSX: ARG; OTCQX: ARREF) (“Amerigo” or the “Company”) is pleased to announce financial results for the year and three months (“Q4-2023”) ended December 31, 2023. Dollar amounts in this news release are in...

2023 copper production of 57.6 M pounds 2023 cash cost 1 $2.17 /lb 2024 increased copper production guidance of 62.4 M pounds 2024 cash cost 1 guidance of $2.08 /lb VANCOUVER, British Columbia, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Amerigo Resources Ltd. (TSX: ARG; OTCQX: ARREF) (“Amerigo” or the “Company”) announced today 2023 production results from Minera Valle Central (“MVC”), the Company’s 100% owned operation located near Rancagua, Chile. Dollar amounts in this news release are...

3-year agreement to January 7, 2027 The agreement ensures operational continuity at MVC VANCOUVER, British Columbia, Jan. 10, 2024 (GLOBE NEWSWIRE) -- Amerigo Resources Ltd. (TSX: ARG; OTCQX: ARREF) (“Amerigo” or the “Company”) is pleased to announce that on January 8, 2024, Minera Valle Central ("MVC"), 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...

NCIB renewal confirms Amerigo’s commitment to a balanced Capital Return Strategy Up to 10.9 million shares may be retired over one year VANCOUVER, British Columbia, Nov. 28, 2023 (GLOBE NEWSWIRE) -- Amerigo Resources Ltd. (TSX: ARG; OTCQX: ARREF) (“Amerigo” or the “Company”) is pleased to announce that it has received approval from the Toronto Stock Exchange (the “TSX”) to proceed with a new normal course issuer bid (the “NCIB”). The NCIB will commence on December 2, 2023, and...

VANCOUVER, British Columbia, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Amerigo Resources Ltd. (TSX: ARG; OTCQX: ARREF) (“Amerigo” or the “Company”) is pleased to announce that Minera Valle Central (“MVC”), 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 (IST, Instituto de Seguridad del Trabajo). This national award recognizes companies' excellence, contributions...

Net loss of $5.8 million driven by 31% lower copper production EBITDA 1 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% yield 2 Current production outperforming Q4-2022, Capital Return Strategy remains in place VANCOUVER, British Columbia, Nov. 01, 2023 (GLOBE NEWSWIRE) -- Amerigo Resources Ltd. (TSX: ARG; OTCQX: ARREF) (“Amerigo” or the “Company”) announces financial results for the three...

Q3-2023 copper production of 11.1 million pounds * Q3-2023 cash cost 1 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 (GLOBE NEWSWIRE) -- Amerigo Resources Ltd. (TSX: ARG; OTCQX: ARREF) (“Amerigo” or the “Company”) announces production results for the quarter ended September 30, 2023 (“Q3-2023”) from Minera...

Normal operations have resumed; MVC is processing fresh and historical tailings Q4-2023 revised production guidance remains unchanged Amerigo’s Capital Return Strategy remains in place VANCOUVER, British Columbia, Sept. 21, 2023 (GLOBE NEWSWIRE) -- Amerigo Resources Ltd. (TSX: ARG; OTCQX: ARREF) (“Amerigo” or the “Company”) announced today that Minera Valle Central (“MVC”), the Company’s 100% owned operation located near Rancagua, Chile, has resumed normal production after...

Additional historic rains in central Chile have negatively impacted MVC operations Q3-2023 production is currently expected to be 2.7 M lbs lower than the revised plan Amerigo’s Capital Return Strategy remains in place VANCOUVER, British Columbia, Sept. 11, 2023 (GLOBE NEWSWIRE) -- Amerigo Resources Ltd. (TSX: ARG; OTCQX: ARREF) (“Amerigo” or the “Company”) announced today that production for the quarter ending September 30, 2023 (“Q3-2023”) from Minera Valle Central (“MVC”),...

Net loss of $3.8 million driven by lower copper production and prior quarter price settlement adjustments EBITDA 1 of $1.7 million, ending quarter cash & restricted cash of $35.9 million Quarterly dividend of Cdn$0.03 per share declared, representing a 7.79% yield 2 VANCOUVER, British Columbia, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Amerigo Resources Ltd. (TSX: ARG; OTCQX: ARREF) (“Amerigo” or the “Company”) announces financial results for the three months ended June 30, 2023 (“Q2-2023”)....

Repairs completed at MVC Full production from fresh and historic tailings resumed on July 22, 2023 MVC reconnected to Chile’s central power grid Vancouver, British Columbia, July 25, 2023 (GLOBE NEWSWIRE) -- Amerigo Resources Ltd. (TSX: ARG; OTCQX: ARREF) (“Amerigo” or the “Company”) is pleased to announce that Minera Valle Central (“MVC”), the Company’s 100% owned operation located near Rancagua, Chile has resumed normal operations. The MVC plant was reconnected to Chile’s...

Q2-2023 copper production of 13.6 million pounds MVC currently producing copper using a secondary power source Q2-2023 cash cost 1 of $2.37 per pound $4.5 million returned to shareholders in Q2-2023 VANCOUVER, British Columbia, July 12, 2023 (GLOBE NEWSWIRE) -- Amerigo Resources Ltd. (TSX: ARG; OTCQX: ARREF) (“Amerigo” or the “Company”) announces production results for the quarter ended June 30, 2023 (“Q2-2023”) from Minera Valle Central (“MVC”), the Company’s 100% owned...

Repair work is underway to reconnect MVC to Chile’s central grid Full production is expected to resume around July 10, 2023, two weeks earlier than initially estimated Amerigo affirms Capital Return Strategy, quarterly dividend secure VANCOUVER, British Columbia, June 30, 2023 (GLOBE NEWSWIRE) -- Amerigo Resources Ltd. (TSX: ARG; OTCQX: ARREF) (“Amerigo” or the “Company”) is pleased to provide an update regarding operations at Minera Valle Central (“MVC”), the Company’s 100%...

Operations at MVC temporarily suspended due to power line damage following heavy rains in Chile No injuries or accidents reported to MVC personnel Impact to production expected to be limited VANCOUVER, British Columbia, June 26, 2023 (GLOBE NEWSWIRE) -- Amerigo Resources Ltd. (TSX: ARG; OTCQX: ARREF) (“Amerigo” or the “Company”) announced today that operations at Minera Valle Central (“MVC”), the Company’s 100% owned operation located near Rancagua, Chile, have been temporarily...

Q1-2023 net income of $9.1 million as Amerigo beats production and cash cost guidance EBITDA 1 of $18.5 million, cash balance grows to $43.9 million Quarterly dividend of Cdn$0.03 per share declared, representing a 7.36% yield 2 VANCOUVER, British Columbia, May 03, 2023 (GLOBE NEWSWIRE) -- Amerigo Resources Ltd. (TSX: ARG; OTCQX: ARREF) (“Amerigo” or the “Company”) is pleased to announce financial results for the three months ended March 31, 2023 (“Q1-2023”). Dollar amounts in this...

VANCOUVER, British Columbia, May 02, 2023 (GLOBE NEWSWIRE) -- Amerigo Resources Ltd. (TSX: ARG; OTCQX: ARREF) (“Amerigo” or the “Company”) is pleased to announce the results of voting at its 2023 Annual General Meeting of Shareholders (the “AGM”) held on May 1, 2023. 74,669,441 common shares were voted at the AGM, representing 44.84% of the votes attached to all outstanding common shares of the Company. Shareholders voted in respect of the election of all director nominees as...

Q1-2023 copper production of 16.5 million pounds, 4.5% over guidance Q1-2023 cash cost 1 of $1.91 per pound, 11% lower than guidance due to strong molybdenum credits $5.5 million returned to shareholders in Q1-2023 VANCOUVER, British Columbia, April 11, 2023 (GLOBE NEWSWIRE) -- Amerigo Resources Ltd. (TSX: ARG; OTCQX: ARREF) (“Amerigo” or the “Company”) is pleased to announce production results for the quarter ended March 31, 2023 (“Q1-2023”) from Minera Valle Central (“MVC”),...

Data confirms Amerigo’s unique ESG profile while recovering copper from 100% waste material ESG credentials include low water use, renewably sourced power, and excellent workplace safety VANCOUVER, British Columbia, March 14, 2023 (GLOBE NEWSWIRE) -- Amerigo Resources Ltd. (TSX: ARG; OTCQX: ARREF) (“Amerigo” or the “Company”) is pleased to announce the release of its first ESG (Environmental, Social and Governance) scorecard, spanning the years from 2019 to 2022. The scorecard is...

EQS-News: Amerigo Resources Ltd Amerigo Announces Renewal of Normal Course Issuer Bid 30.11.2022 / 13:32 CET/CEST The issuer is solely responsible for the content of this announcement. Up to 11.08 million shares (6.67% of current outstanding) may be retired over a one-year period Announcement confirms Amerigo’s commitment of capital returns to shareholders Amerigo Resources Ltd. (TSX: ARG; OTCQX: ARREF) (“Amerigo” or the “Company”) is pleased to announce that the Toronto Stock Exchange...