Assay TV sits down with Aurora Davidson, President and CEO of Amerigo Resources (TSX: ARG, OTCQX: ARREF), as she takes us through some recent updates. We hear that in 2021, the company produced 63.4M lbs of copper at an average copper price of US$4.24 per lb. Aurora explains the company’s shareholder yield programme, which is unique for a mid-tier copper producer.
Aurora also describes how Amerigo Resources has been working to mitigate water supply risk at its 100%-owned MVC operation in Chile, which processes fresh and historic tailing from Codelco’s El Teniente mine – the world’s largest underground copper mine. Finally, she gives her view on the current political situation in Chile and what this means for mining in the country.
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