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Amerigo Resources Ltd T.ARG

Alternate Symbol(s):  ARREF

Metals & Mining Industrial Metals & Minerals
Amerigo Resources Ltd. is a Canada-based copper producer. The Company owns a 100% interest in Minera Valle Central S.A. (MVC), a producer of copper concentrates. MVC, located in Chile, has a long-term contract with the El Teniente Division (DET) of Corporacion Nacional del Cobre de Chile (Codelco) to process fresh and historic tailings from El Teniente. The Company operates in one segment, the production of copper concentrates under a tolling agreement with DET.


TSX:ARG - Post by User

Amerigo Resources Ltd
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Comment by Herb_Uhlon Apr 29, 2013 10:09am
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Post# 21313445

RE: RE: RE: Fair Value at Copper prices

RE: RE: RE: Fair Value at Copper prices

https://www.amerigoresources.com/_resources/news/nr_2013_02_27.pdf

 

The report rather states 43.9 million USD as El Teniente royalties for 51.6 m lbs. About 85 ct per lb.

 

Total costs of sales were stated as approx. 182.9 million USD for 2012, about 3.54 USD per lb. Later in the report, total costs are stated to have been $3.64/lb.

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