Amerigo Resources Ltd. (“Amerigo” or the “Company”) announced that on January 8, 2024, Minera Valle Central (“MVC”), the Company’s 100% owned operation located near Rancagua, Chile satisfactorily concluded negotiations with its 68-member union of supervisors.
The parties have entered into a new 3-year collective agreement with a term date of January 7, 2027.
MVC has two unions: plant operators and supervisors. The 3-year collective agreement for MVC’s plant operators has a term date of October 28, 2025.
About Amerigo and MVC
Amerigo Resources Ltd. (TSX: ARG; OTCQX: ARREF) is an innovative copper producer with a long-term relationship with Corporación Nacional del Cobre de Chile (“Codelco”), the world’s largest copper producer.
Amerigo produces copper concentrate and molybdenum concentrate as a by-product at the MVC operation in Chile by processing fresh and historic tailings from Codelco’s El Teniente mine, the world’s largest underground copper mine.