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Bullboard - Stock Discussion Forum Amerigo Resources Ltd T.ARG

Alternate Symbol(s):  ARREF

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... see more

TSX:ARG - Post Discussion

Amerigo Resources Ltd > Q1 Copper production - Top 10
View:
Post by goldens on Jun 25, 2022 7:22am

Q1 Copper production - Top 10

Q1 22 production down 60,000 tons lower than Q1 21 among the top 10 producing mines. That is a lot of missing production.
Comment by Lucentio on Jun 25, 2022 9:17pm
They were handling more current tailings than the historical tailings. Curent tailings are lower grade.
Comment by goldens on Jun 29, 2022 6:33am
We are not one of the top 10 producers. As for RBC's prediction, well that remains to be seen. Perhaps we won't see electric cars. I also think that China is going to need to eliminate the zero tolerance for Covid as it is like saying they have zero tolerance for the common cold.
Comment by Vesta63 on Jul 07, 2022 9:51am
Amerigo is not on the list because technically it is not a copper miner, it reclaims copper from tailings from another copper mining company.  SP will rebound as China reopens. GLTA
Comment by goldens on Jul 07, 2022 1:49pm
I think we are being thrown in the same boat though. Eventually investors will realize we are not affected. Also, most the the reform only affect miners that produce more than 50,000 tons so I think we are pretty safe unless production went waaaay up last quarter. GLTA
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