Amerigo Resources (TSX: ARG) recently announced 2019 production results from its 100% owned operation located near Rancagua, Chile – Minera Valle Central (“MVC”), as well as provided details for the company’s focus in 2020. Among the updates, Amerigo reported that its MVC produced 69.8 million pounds of copper in 2019 at a cash cost of $1.82 per pound, including production from fresh tailings (19.3 million pounds), Cauquenes historic tailings (38.9 million pounds) and production from slag processing for Division El Teniente (11.7 million pounds). In addition, MVC produced 1.4 million pounds of molybdenum. While production has been affected by low plant recoveries, MVC, in November 2019, completed a comprehensive plant performance assessment and identified other areas of opportunity to improve recoveries, on which MVC continues to work.
To view the full press release, visit http://nnw.fm/JY1gi
About Amerigo and MVC
Amerigo Resources Ltd. is an innovative copper producer with a long-term relationship with Corporación Nacional del Cobre de Chile (“Codelco”), the world’s largest copper producer. Amerigo produces copper concentrate at the MVC operation in Chile by processing fresh and historic tailings from Codelco’s El Teniente mine, the world’s largest underground copper mine. For more information, visit the company’s website at www.AmerigoResources.com.
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