Edition:
United States

Amerigo Resources Ltd (ARG.TO)

ARG.TO on Toronto Stock Exchange

0.60CAD
26 May 2017
Change (% chg)

$-0.01 (-1.64%)
Prev Close
$0.61
Open
$0.60
Day's High
$0.61
Day's Low
$0.60
Volume
7,732
Avg. Vol
296,652
52-wk High
$0.83
52-wk Low
$0.12

Latest Key Developments (Source: Significant Developments)

Amerigo posts Q4 net earnings of $3.0 million
Wednesday, 22 Feb 2017 07:30am EST 

Amerigo Resources Ltd : Amerigo announces 2016 and Q4-2016 financial results . Amerigo Resources Ltd - 2016 production was 56.8 million pounds of copper, 52 pct higher than 37.3 million pounds produced in 2015 . Amerigo Resources Ltd - in Q4-2016 the company posted revenue of $29.5 million . Amerigo Resources Ltd- MVC estimates 2017 production of 60.0 to 65.0 million pounds of copper at an annual cash cost of $1.60 to $1.75/lb . Amerigo Resources Ltd - for 2017 MVC expects to produce 1.5 million pounds of molybdenum . Amerigo Resources - co is advancing debt financing discussion to complete construction of phase two cauquenes expansion project in second half of 2018 . Amerigo Resources Ltd - project has estimated cost of $30 million, planned to up production to 87 million pounds of copper/year, estimated cash cost $1.40/lb .Qtrly net earnings of $3.0 million.  Full Article

Amerigo announces 2016 fourth quarter & annual production results
Thursday, 26 Jan 2017 07:30am EST 

Amerigo Resources Ltd : Amerigo announces 2016 fourth quarter and annual production results . Amerigo Resources Ltd - in 2017, MVC expects to produce 60 to 65 million pounds of copper . Amerigo Resources Ltd says Q4-2016 copper production was affected by a labour strike in October 2016 . Amerigo Resources - is advancing financing discussions to complete construction of second phase of cauquenes expansion project in second half of 2018 .Amerigo Resources -in 2017 Minera Valle Central expects to produce 60 to 65 million pounds of copper, at an annual cash cost of $1.60 to $1.75 per pound copper.  Full Article

Amerigo provides labour update at MVC
Friday, 30 Sep 2016 12:57pm EDT 

Amerigo Resources Ltd : Amerigo provides labour update at MVC . Amerigo Resources Ltd -During month of Sept 2016, MVC has been engaged in negotiations with 216-member union to renew MVC'S current collective agreement . Amerigo Resources Ltd -MVC is also taking necessary operational and legal steps to be prepared for a strike . Amerigo Resources Ltd -Minera Valle Central requested mediation services of Labor Authority in order to extend negotiations . Amerigo resources says Minera Valle has presented its final offer which was rejected by vote of majority of union members on September 27, 2016 . Amerigo resources ltd - MVC will continue its discussions with union in following days, in an effort to reach a new collective agreement. .Amerigo Resources Ltd -A strike could potentially be postponed to commence on first working shift on October 11, 2016.  Full Article

Amerigo reported Q2 EPS ($0.02)
Wednesday, 10 Aug 2016 07:30am EDT 

Amerigo Resources Ltd : Q2 revenue rose 18 percent to $19.3 million . 2016 financial results . Q2-2016 production was 14.4 million pounds of copper, 58% higher than 9.1 million pounds produced in Q2-2015 . MVC maintains its 2016 production guidance of 55.0 to 60.0 million pounds of copper at an annual cash cost of $1.65 to $1.85/lb .Amerigo Resources Ltd qtrly loss per share $0.02.  Full Article

Amerigo Resources announces Q2 production results
Wednesday, 13 Jul 2016 07:30am EDT 

Amerigo Resources Ltd : Amerigo announces 2016 second quarter production results . Says in Q2 2016, MVC produced 14.4 million pounds of copper at a cash cost of $1.65 per pound . Says in Q2 2016, MVC produced 14.4 million pounds of copper at a cash cost of $1.65 per pound .In Q3 2016, ramp up in copper production should continue to improve and unit costs should continue to decrease.  Full Article

Amerigo Resources LTD announces management and board changes
Tuesday, 29 Sep 2015 07:30am EDT 

Amerigo Resources LTD:Says klaus zeitler is to retire as chief executive officer and remain executive chairman.Says rob Henderson, currently president and chief operating officer, is to assume role of chief executive officer.Aurora davidson to be appointed executive vice president in addition to continuing to act as chief financial officer.  Full Article

Amerigo Resources Ltd revises FY 2015 production guidance
Wednesday, 12 Aug 2015 07:30am EDT 

Amerigo Resources Ltd:Says that it has revised FY 2015 production guidance to a range of 43.0 to 48.0 million pounds of copper (down from a range of 50.0 to 55.0 million pounds).Sees FY 2015 copper production to ramp up from 9.1 million pounds in Q2 to about 19.0 million pounds in Q4 once Cauquenes is operational, and cash cost is projected to decrease from Q2's $2.15/lb to about $1.75/lb in Q4.  Full Article

More From Around the Web

BRIEF-Amerigo posts Q4 net earnings of $3.0 million

* Amerigo Resources Ltd - 2016 production was 56.8 million pounds of copper, 52 pct higher than 37.3 million pounds produced in 2015