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Amerigo Reviews 2011 and Provides Production Guidance for 2012

Written by Investing News Network
|
Jan. 27, 2012 03:49PM PST

Amerigo Resources Ltd. (TSX:ARG) announced molybdenum production results and a 2012 outlook on its Chile operations.

Amerigo MVC produced 12.09 million pounds of copper and 195,729 pounds of molybdenum during the three months ended December 31, 2011, for a total of 43.7 million pounds of copper and 785,068 pounds of molybdenum for the full year.Resources Ltd. (TSX:ARG) announced molybdenum production results and a 2012 outlook on its Chile operations.

As quoted in the press release:

MVC produced 12.09 million pounds of copper and 195,729 pounds of molybdenum during the three months ended December 31, 2011, for a total of 43.7 million pounds of copper and 785,068 pounds of molybdenum for the full year.

Amerigo’s President and CEO, Klaus Zeitler said:

Although molybdenum production of 195,729 pounds was lower than budget for the quarter, the 785,068 pounds produced in 2011 represented a new annual production record.

Click here for the Amerigo Resources Ltd. (TSX:ARG) press release.

chile tsx:arg molybdenum production amerigo resources
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