Amerigo Resources Q1 Profit Jumps on Higher Copper, Molybdenum Prices

Reuters reported that profits for Amerigo Resources (TSE:ARG) in first quarter 2011 were eight times the same period last year.

Reuters reported that profits for Amerigo Resources (TSX:ARG) in first quarter 2011 were eight times the same period last year.

The market news is quoted as saying:

The company produced 11.13 million pounds of copper, up 30 percent from the year-ago period. Molybdenum production rose 48 percent at 212,125 pounds.

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