- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Amerigo’s MVC Phase Two Expansion Meets Completion Criteria
The company said the Cauquenes phase two project completion tests included production, costs, commercial, environmental compliance and mechanical completion targets over a sixty-day period.
Amerigo Resources (TSX:ARG) has announced that Minera Valle Central (MVC), the company’s operation near Rancagua, Chile, has successfully met the completion tests set out in the $35.3 million finance agreement under which the expansion project was financed by Scotiabank Chile and Export Development Canada.
The company said the Cauquenes phase two project completion tests included production, costs, commercial, environmental compliance and mechanical completion targets over a sixty-day period. The project’s $1.5 million concentrate regrind mill was removed from the phase two completion timeline and is expected to be installed in Q2 2019.
As quoted in the press release:
On December 6, 2018, Chile’s President Sebastián Piñera visited MVC to attend a ceremony celebrating the start up of the new process plant. President Piñera highlighted the innovative work carried out by MVC in the treatment of waste material from mining operations. “This new project means not only a leap into the future, but also a very important investment”, said the President at the ceremony, in which he was accompanied by Chile’s Minister of Mining, Baldo Prokurica. “It brings value and quality of life to the inhabitants of the O’Higgins Region”, Mr. Piñera added.
Click here to read the full Amerigo Resources (TSX:ARG) press release.
Latest News
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.