Assay TV catches up with Aurora Davidson, president, CEO, and director of Amerigo Resources (TSX: ARG), a company focused on the production of copper, with a long-term relationship with Corporación Nacional del Cobre de Chile, the world’s largest copper producer.
Amerigo produces copper concentrate and molybdenum concentrate as a by-product 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.
Aurora informs us that Amerigo has had a successful year to date, declaring three quarterly dividends so far, which total US$12M returned to shareholders. The company has also been focused on supplying a flexible performance dividend, which combined provides fair and stable distribution of money to shareholders.
Website: www.amerigoresources.com
Primary tickers: TSX:ARG, OTCQX:ARREF
Stage of development: Production
Commodity: Copper
Project to promote: Minera Valle Central (MVC)
Project location: Chile