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Article: Amerigo Resources Announces Copper Hedging.
- Article from:
- International Resource News (IRN)
- Article date:
- June 22, 2009
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International Resource News-22 June 2009-Amerigo Resources Announces Copper Hedging(C)2009 ENPublishing - http://www.enpublishing.co.uk
International Resource News - 22 June 2009(c)2005 - Electronic News Publishing - http://www.enpublishing.co.uk
Amerigo Resources Ltd (TSX: ARG), a Canada-based company that explores for copper and molybdenum in Chile, has announced that a company subsidiary, Minera Valle Central (MVC), has entered into a facility to hedge a part of copper production for the second half of 2009 with Empresa Nacional de Mineria (Enami), a Chilean state owned company.
MVC has secured a minimum price of USD2.00 per pound for 800 ...