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Amerigo Resources Ltd T.ARG

Alternate Symbol(s):  ARREF

Metals & Mining Copper
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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Post by goldenson Feb 11, 2022 11:58am
119 Views
Post# 34420564

Centerra Gold near a solution

Centerra Gold near a solutionNot sure if anyone is following this but given that this was a seized mine (just one mind you) by the Kyrgystan government. I suspect they will be getting the mine back since all other investment basically stopped. Shows what can happen by a short sighted government. I don't think it would go to well if you tried to take over all resources. When it happened Centerra stock dropped dramatically. 

https://www.mining.com/centerra-gold-kyrgyzstan-close-to-kumtor-out-of-court-deal/



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