Atico Mining Corp - ATCMF STOCK NEWS

Welcome to our dedicated news page for Atico Mining (Ticker: ATCMF), a resource for investors and traders seeking the latest updates and insights on Atico Mining.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Atico Mining's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Atico Mining's position in the market.

04/22/2024 04:15 PM

News

Atico Produces 3.34 Million Pounds of Cu and 2,156 Ounces of Au in First Quarter 2024

Rhea-AI Summary

Atico Mining reported production of 3.34 million pounds of copper and 2,156 ounces of gold in the first quarter of 2024 from its El Roble mine. The company saw a 44% increase in copper production and a 16% decrease in gold production compared to the same period in 2023. Operational highlights included improvements in processed tonnes per day, copper head grade, and recovery rates. The company plans to optimize production and incorporate new high-grade resources into its mine plan.

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-1.05%

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04/16/2024 04:30 PM

News

Atico Reports Consolidated Financial Results for 2023

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Atico Mining reported its financial results for 2023, with a net loss of $5.8 million, a decrease in sales to $57.5 million, and challenges faced due to lower head grades and operational issues. The company aims to optimize costs, expand resources at El Roble, and advance the La Plata project. Despite the difficulties, Atico generated good cash flows at the El Roble mine, offset by a non-cash impairment charge.

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-10.26%

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04/04/2024 08:45 AM

News

Atico Reports Multiple High Grade Intercepts up to 20.70m of 5.76% Cu, 4.46 g/t Au and 11.50m of 8.16% Cu, 8.09 g/t Au and Continues to Extend the Ore Body at El Roble Mine in Colombia

Rhea-AI Summary

Atico Mining announces positive results for the latest drilling campaign at the El Roble mine, including high-grade copper and gold intercepts. The Company plans to continue drilling throughout 2024 and is working on an updated resource estimate.

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10.77%

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03/05/2024 09:28 AM

News

Atico Mining Signs an Investment Agreement with the Government of Ecuador, for the Development of its La Plata Project

Rhea-AI Summary

Atico Mining Corporation signs a $157 million investment agreement with the Government of Ecuador for the La Plata mining project. The agreement aims to support exploration, development, and construction phases, emphasizing responsible mining practices and environmental protection. Atico Mining's President, Alain Bureau, highlights Ecuador's commitment to clean energy and copper production. The La Plata project boasts high-grade gold-copper VMS deposits with recent drilling showing deeper mineralization and expansion potential.

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End-of-Day

49.29%

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02/05/2024 08:45 AM

News

Atico Reports High Grade Intercepts up to 4.45m of 5.17% Cu, 10.47g/t Au and 4.90m of 9.35% Cu, 2.94 g/t Au and Continues to Extend the Ore Body at El Roble Mine in Colombia

Rhea-AI Summary

Atico Mining Corporation reports positive results for the exploration program at the El Roble mine, with high-grade mineralization of copper and gold found in the diamond drill core holes. The company plans to update the resource estimate and continue exploration in the vicinity during 2024.

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01/17/2024 04:30 PM

News

Atico Reports 2023 Fourth Quarter and Full Year Production Results

Rhea-AI Summary

Atico Mining Corporation reports operating results for Q4 2023 and the full year 2023. The company achieved 4.37 million pounds of copper and 2,578 ounces of gold for Q4 2023, marking a 48% increase in copper production and a 15% decrease in gold production over Q4 2022. For the full year 2023, the company produced 13.24 million pounds of copper and 10,149 ounces of gold. The CEO highlighted the turnaround in operational performance and outlined significant milestones for the upcoming year, including a resource update for the El Roble mine and the completion of the La Plata Feasibility Study. The company also provided operational details and cost guidance for 2024.

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01/04/2024 08:00 AM

News

The Government of Ecuador Approves Atico’s Concession Extension Until 2049

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Atico Mining Corporation (ATY | ATCMF) Receives Extension for La Plata Mining Concession in Ecuador until 2049

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9.09%

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11/20/2023 08:15 AM

News

Constitutional Court Ruling Allows Continuation of The Environmental Consultation Process for Atico’s La Plata Copper-Gold Project in Ecuador

Rhea-AI Summary

Atico Mining Corporation (ATY | ATCMF) reports a significant development in Ecuadorian environmental regulation. The Ecuadorian Constitutional Court ruled on the unconstitutionality of Executive Decree 754, positively impacting the operations of Atico and other national projects. This decision enables the resumption of the Environmental Consultation Process, crucial for the La Plata project and 178 other national projects. The ruling also ensures the rights of residents in the Direct Influence Area to be informed and consulted.

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-7.07%

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11/15/2023 04:30 PM

News

Atico Mining Reports Results on Brownfield Drilling Campaign to Extend Mine Life at El Roble High Grade Copper/Gold Mine in Colombia, Continues to Expand Tonnage with Intercepts up to 24.7m of 4.19% Cu, 3.11g/t Au, and 5.0m of 4.84% Cu and 12.26 g/t Au

Rhea-AI Summary

Atico Mining Corporation (TSX.V: ATY | OTCQX: ATCMF) reports positive results from the brownfield exploration program at El Roble mine. The diamond drill core holes targeting the main massive sulfide body returned significant copper and gold mineralization. The company plans to update the resource estimate after receiving final results for four more drill holes. The El Roble mine is a high-grade, underground copper and gold mine located in Colombia, with proven and probable reserves of 1.00 million tonnes grading 3.02% copper and 1.76 g/t gold.

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-1%

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11/14/2023 04:30 PM

News

Atico Reports Consolidated Financial Results for Third Quarter of 2023

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Atico Mining Corporation (ATY | ATCMF) announced a net loss of $1.1 million for Q3 2023, with a 34% decrease in sales compared to the previous year. The company produced 3.8 million lbs of copper and 2,724 oz of gold, but faced challenges due to the strong appreciation of the Colombian peso and weaker metal prices. The El Roble mine saw improvements in ore production and grades, but operational gains were offset by external factors. The financial statements and MD&A are available on SEDAR and the company's website.

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0.7%

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