Core Viewpoint - Amerigo Resources Ltd. reported strong production results for 2025 from its Minera Valle Central operation, demonstrating resilience despite operational challenges and positioning itself for continued success in a high-copper-price environment [2][4][10]. Production Results - In 2025, MVC produced 62.2 million pounds of copper, slightly down from 64.6 million pounds in 2024, but exceeding the revised guidance of 60 to 61.5 million pounds [4][10]. - Molybdenum production reached 1.5 million pounds, up from 1.3 million pounds in 2024, significantly exceeding guidance [4]. - Q4-2025 saw record copper production of 18.9 million pounds [10]. Operational Efficiency - MVC's plant availability was reported at 98.4%, with no lost-time accidents or environmental incidents during the year [5]. - Cash cost for 2025 was $1.93 per pound, slightly higher than $1.89 per pound in 2024, while normalized cash cost was $1.87 per pound, below the guidance of $1.93 per pound [6]. Financial Performance - The average annual copper price for 2025 was $4.73 per pound, an increase from $4.15 per pound in 2024, with Q4-2025 averaging $5.35 per pound [7]. - The company repaid $11.5 million in debt, becoming debt-free in October 2025, and returned $20.3 million to shareholders through dividends and share buybacks [9]. Capital Expenditures - The approved capital expenditures budget for 2025 was $13.0 million, with actual expenditures of $10.9 million [8]. - For 2026, the capital expenditures budget is set at $17.5 million, including projects carried over from 2025 [19]. Future Guidance - For 2026, Amerigo expects to produce 63.8 million pounds of copper and 1.5 million pounds of molybdenum, marking the sixth consecutive year of increased production guidance [12]. - Projected EBITDA for 2026 is expected to be $74.5 million, with each $0.20 per pound increase in copper price potentially impacting EBITDA by $4.2 million [15][21]. Capital Return Strategy - Since implementing its Capital Return Strategy in October 2021, Amerigo has returned $98.4 million to shareholders, including $67.7 million through dividends and $30.7 million through share buybacks [22][23].

Core Points - Amerigo Resources Ltd. declared a performance dividend of Cdn$0.05 per share, payable on January 15, 2026, to shareholders of record as of December 17, 2025 [1][7] - The performance dividend reflects the company's ability to share benefits from strong copper prices with shareholders and is part of a flexible capital return strategy [2][3] - Total dividends declared in 2025 have increased to Cdn$0.18 per share, with the company also retiring 3.97 million shares as part of its capital return strategy [9] Company Overview - Amerigo Resources Ltd. is an innovative copper producer with a long-term relationship with Codelco, the world's largest copper producer [4] - The company produces copper concentrate and molybdenum concentrate as a by-product at its MVC operation in Chile, processing tailings from Codelco's El Teniente mine [5]

VANCOUVER, British Columbia, Dec. 02, 2025 (GLOBE NEWSWIRE) -- Amerigo Resources Ltd. (TSX: ARG; OTCQX: ARREF) (“Amerigo” or the “Company”) is proud to announce that Minera Valle Central (“MVC”), the Company’s 100% owned operation located near Rancagua, Chile, has been awarded the 2025 Circular Awards in the Energy Challenge category, a leading recognition in Chile for circular economy practices. This prestigious award highlights organizations that show measurable impact in sustainability, innovation and le ...

VANCOUVER, British Columbia, Dec. 02, 2025 (GLOBE NEWSWIRE) -- Amerigo Resources Ltd. (TSX: ARG; OTCQX: ARREF) (“Amerigo” or the “Company”) is proud to announce that Minera Valle Central (“MVC”), the Company’s 100% owned operation located near Rancagua, Chile, has been awarded the 2025 Circular Awards in the Energy Challenge category, a leading recognition in Chile for circular economy practices. This prestigious award highlights organizations that show measurable impact in sustainability, innovation and le ...

Core Viewpoint - Amerigo Resources Ltd. has received approval from the Toronto Stock Exchange to proceed with a new normal course issuer bid (NCIB), reaffirming its commitment to disciplined capital allocation and shareholder value enhancement [1][2]. Group 1: NCIB Details - The new NCIB allows Amerigo to repurchase up to 11,700,000 common shares, approximately 10% of its public float as of November 18, 2025 [2]. - The NCIB will commence on December 2, 2025, and may continue until December 1, 2026, or until completed or terminated by the Company [5]. - Under the previous NCIB, which started on December 2, 2024, Amerigo repurchased and cancelled 3,967,984 shares at a weighted average price of Cdn$1.80 per share [5]. Group 2: Capital Return Strategy - Amerigo's Capital Return Strategy includes quarterly dividends of Cdn$0.04 per share, performance dividends, and share buybacks, aimed at delivering value to shareholders [6]. - Since the implementation of the Capital Return Strategy in October 2021, the total capital returned to shareholders amounts to Cdn$93.7 million, comprising Cdn$30.6 million in shares repurchased and Cdn$63.1 million in dividends paid [9]. - The minimum goal for the NCIB is to maintain a constant share count year-over-year and enhance long-term shareholder value [2][8]. Group 3: Trading Volume and Purchase Limits - Amerigo's average daily trading volume for the six months ending October 31, 2025, was 272,958 shares, setting the daily purchase limit under the NCIB at 68,239 shares, which is 25% of the ADTV [3]. - The Company may make one block purchase exceeding the daily purchase restriction once per calendar week [3]. Group 4: Share Purchase Mechanism - Shares under the NCIB will be purchased in open market transactions on the TSX at the prevailing market price and will be cancelled [4]. - The actual number of shares purchased and the timing of such purchases will be determined by Amerigo [4].

A shortage of copper concentrate has upped the stakes in crucial pricing talks between miners and Chinese smelters https://t.co/KJ4ctD063J ...

Core Insights - Seabridge Gold Inc. reported a widened net loss of $32.3 million ($0.32 per share) in Q3 2025, compared to a loss of $27.6 million ($0.31 per share) in Q3 2024, primarily due to increased investment in exploration projects [1][2] Financial Performance - The company invested a record $52.9 million in mineral interests during Q3 2025, nearly double the $28.1 million spent in Q3 2024, reflecting aggressive exploration and development efforts [2] - As of September 30, 2025, net working capital increased to $83.2 million, more than double the $37.8 million reported at December 31, 2024 [2] Project Updates - Ongoing fieldwork and partnership discussions are taking place for the KSM project, with court hearings on legal challenges to the project's "substantially started" designation now complete, which is crucial for maintaining development timelines [3] - The KSM asset is valued at $5.9 billion, highlighting its significance to the company's portfolio [3] Company Overview - Seabridge Gold Inc. is a Canadian exploration and development company known for its substantial gold, copper, and silver resources in North America, with main products including gold bullion, copper concentrate, and significant silver reserves [4]

Core Insights - Solaris Resources Inc. announced the results of a Pre-Feasibility Study (PFS) for its Warintza Project, highlighting a significant increase in mineral resources and the establishment of maiden mineral reserves [2][5][28] - The Warintza Project is positioned to capitalize on a tightening copper market, with exceptional economics and a strong community support framework [4][6][20] Mineral Resource and Reserves - The updated Mineral Resource Estimate (2025 MRE) includes 3.7 billion tonnes of Measured and Indicated Resources, 2.1 billion tonnes of Inferred Resources, and 1.3 billion tonnes of Mineral Reserves [5][26] - The 2025 MRE reflects a 312% increase in Measured plus Indicated Mineral Resources compared to the 2024 MRE, with significant new mineralization identified [26][39] Economic Metrics - The project is expected to generate an average annual copper equivalent production of over 300,000 tonnes in the first five years and over 240,000 tonnes during the first 15 years [7][14] - The post-tax net present value (NPV) is estimated at US$4,617 million, with a post-tax internal rate of return (IRR) of 26% [7][29] - Initial capital costs are projected at US$3.7 billion, with a payback period of 2.6 years post-tax [7][29] Production and Operating Costs - The average All-In Sustaining Cost (AISC) is projected at US$0.85 per pound of payable copper for the first five years and US$1.07 for the first 15 years [7][29] - The project will utilize conventional open-pit mining methods, with a low strip ratio of 0.53 to 1, enhancing its economic viability [24][46] Community and Environmental Engagement - The company has established formal agreements with local Indigenous communities, ensuring shared benefits and participatory decision-making [20][21] - Solaris maintains close engagement with government authorities to facilitate permitting and environmental assessments [22][36] Infrastructure and Accessibility - The Warintza Project benefits from strong existing infrastructure, including paved highways and proximity to ports, which supports efficient transportation of materials [19][58] - The power supply for the project will be sourced from a 62.1 km overhead transmission line, ensuring adequate energy for operations [59]

Core Insights - Amerigo Resources Ltd. reported strong financial performance for Q3-2025, achieving a net income of $6.7 million and fully repaying corporate debt of $7.5 million on October 27, 2025 [1][3][4]. Financial Performance - Q3-2025 net income was $6.7 million, up from $2.8 million in Q3-2024, with earnings per share (EPS) increasing to $0.04 from $0.02 [2][7][11]. - EBITDA for Q3-2025 was $18.7 million, compared to $13.3 million in Q3-2024 [9][11]. - Operating cash flow before changes in non-cash working capital was $12.4 million, an increase from $8.9 million in Q3-2024 [9][11]. - Free cash flow to equity (FCFE) reached $11.1 million, up from $5.9 million in Q3-2024 [9][11]. Debt and Capital Return - The company achieved debt-free status, concluding a strategic ten-year period, with total debt repayment of $7.5 million [3][4]. - Since implementing its Capital Return Strategy in October 2021, Amerigo has returned $93.7 million to shareholders [4][28]. Dividend Information - A quarterly dividend of Cdn$0.04 per share was declared, representing an annual yield of 5.88% based on the closing share price of Cdn$2.72 [5][6][30]. - The dividend will be payable on December 19, 2025, to shareholders of record as of November 28, 2025 [5][30]. Market Conditions - The average copper price for Q3-2025 was $4.54 per pound, up from $4.22 per pound in Q3-2024, with a significant increase in October to $4.83 per pound [4][7][11]. - Recent copper supply disruptions have strengthened demand fundamentals, contributing to rising copper prices [4].

Core Points - Amerigo Resources Ltd. has signed a three-year collective labour agreement with the operators' union of Minera Valle Central, effective from October 29, 2025, to October 29, 2028 [1][2] - The agreement reflects constructive negotiations aimed at ensuring fair treatment and long-term security for MVC employees [2] - The new contract emphasizes the company's commitment to maintaining strong relationships with its employees, who are considered the foundation of the company's success [3] Company Overview - Amerigo Resources Ltd. is an innovative copper producer with a long-term relationship with Codelco, the world's largest copper producer [5] - The company produces copper concentrate and molybdenum concentrate as a by-product at the MVC operation in Chile by processing tailings from Codelco's El Teniente mine [5]