Brief: Amerigo Resources Expects To Produce 14 Mln Pounds Of Copper In Q2

Amerigo Resources

15/04/2019 12:45

April 15 (Reuters) - Amerigo Resources Ltd  ARG.TO :
    * AMERIGO REPORTS Q1-2019 PRODUCTION RESULTS
    * Q1-2019 PRODUCTION AFFECTED BY LOW PLANT RECOVERIES AND
MAINTENANCE SHUTDOWN
    * Q1-2019 PRODUCTION AFFECTED BY LOW PLANT RECOVERIES AND
MAINTENANCE SHUTDOWN
    * IN Q1-2019, MVC PRODUCED 13.0 MILLION POUNDS OF COPPER AT
A CASH
COST OF $2.03/LB PER POUND, AND 0.2 MILLION POUNDS OF
MOLYBDENUM.
    * Q1 PRODUCTION AT MVC WAS LOWER THAN FORECAST AS A RESULT
OF LOW
PLANT RECOVERIES DURING QUARTER.
    * MVC PROVIDES UPDATED PRODUCTION AND CASH COST GUIDANCE FOR
2019
    * QUARTERLY COPPER PRODUCTION IS EXPECTED TO BE 14 MILLION
POUNDS
IN Q2-2019, IMPROVING TO 22 MILLION POUNDS IN Q3 AND Q4
    * MVC PRODUCTION IN H2-2019 WILL BE AUGMENTED BY NEW
CAUQUENES
EXTRACTION SUMP AND NEW CONCENTRATE REGRIND MILL
    * MVC'S 2019 PRODUCTION GUIDANCE HAS BEEN REVISED TO 70 TO
75
MILLION POUNDS OF COPPER AND 2 MILLION POUNDS OF MOLYBDENUM

Source text for Eikon:  ID:nGNX4gcxLP 
Further company coverage:  ARG.TO 

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