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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 > Future supplies
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Post by goldens on Oct 12, 2023 7:05am

Future supplies

Interesting article on the cost of new mines. Nice that we have none of these costs nor the risks of bringing a new mine on line. The world needs more copper and it will cost more to get it. Why would companies risk billions if it takes 10 years to get a return on the investment. 

https://www.mining.com/web/miners-seek-partners-for-copper-assets-as-ma-heats-up/
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