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Amerigo looks for rebound

Chile copper producer Amerigo Resources (CN: ARG) will be looking for a share-price rebound on next week’s March-quarter profit results after reporting production for the period of 15.1 million pounds at US$1.71/lb cash cost at Minera Valle Central (MVC) near Rancagua.

Amerigo looks for rebound Amerigo looks for rebound Amerigo looks for rebound Amerigo looks for rebound Amerigo looks for rebound

Part of El Teniente's vast copper tailings resource

The company, arranging new debt finance for a $30 million expansion of annual capacity at MVC from 60-65Mlbs to 85-90Mlbs, hit C70c in Toronto earlier this month but has slipped back to around 63c,

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