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Amerigo’s MVC Copper Operation Attains Significant Safety Milestone

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Amerigo Resources (TSX: ARG; OTCQX: ARREF) has announced a significant safety milestone at its Minera Valle Central (MVC) copper operation in Chile. The facility has achieved three consecutive years without lost-time accidents, accumulating 1,823,782 man-hours during this period.

MVC, which employs 296 workers and can accommodate up to 880 workers and subcontractors during peak periods like annual maintenance shutdowns, has demonstrated the effectiveness of its safety practices and training programs. According to CEO Aurora Davidson, this achievement underscores the company's commitment to worker safety while ensuring operational continuity and minimizing potential financial losses.

Amerigo Resources (TSX: ARG; OTCQX: ARREF) ha annunciato un'importante pietra miliare in materia di sicurezza presso la sua operazione mineraria Minera Valle Central (MVC) in Cile. La struttura ha raggiunto tre anni consecutivi senza infortuni con perdita di tempo, accumulando 1.823.782 ore lavorative durante questo periodo.

MVC, che impiega 296 lavoratori e può ospitare fino a 880 lavoratori e subappaltatori durante i periodi di picco come le chiusure annuali per manutenzione, ha dimostrato l'efficacia delle sue pratiche di sicurezza e dei programmi di formazione. Secondo il CEO Aurora Davidson, questo risultato sottolinea l'impegno dell'azienda per la sicurezza dei lavoratori, garantendo al contempo la continuità operativa e riducendo al minimo le potenziali perdite finanziarie.

Amerigo Resources (TSX: ARG; OTCQX: ARREF) ha anunciado un hito significativo de seguridad en su operación minera Minera Valle Central (MVC) en Chile. La instalación ha logrado tres años consecutivos sin accidentes que causen pérdida de tiempo, acumulando 1,823,782 horas-hombre durante este período.

MVC, que emplea a 296 trabajadores y puede albergar hasta 880 trabajadores y subcontratistas durante períodos pico como los cierres anuales de mantenimiento, ha demostrado la efectividad de sus prácticas de seguridad y programas de capacitación. Según la CEO Aurora Davidson, este logro resalta el compromiso de la empresa con la seguridad laboral, garantizando al mismo tiempo la continuidad operativa y minimizando las posibles pérdidas financieras.

Amerigo Resources (TSX: ARG; OTCQX: ARREF)가 칠레의 구리 광산인 Minera Valle Central (MVC)에서 중요한 안전 이정표를 발표했습니다. 이 시설은 사고로 인한 작업 중단 없이 3년 연속을 달성하며, 이 기간 동안 총 1,823,782 인시를 축적했습니다.

MVC는 296명의 근로자를 고용하고 있으며, 연간 유지보수 정비와 같은 피크 시기에 최대 880명의 근로자와 하청업체를 수용할 수 있습니다. 이는 안전 관행과 교육 프로그램의 효과를 입증했습니다. CEO 오로라 데이비슨에 따르면, 이 성취는 근로자 안전에 대한 회사의 헌신을 강조하며, 운영 연속성을 보장하고 잠재적인 재정 손실을 최소화합니다.

Amerigo Resources (TSX: ARG; OTCQX: ARREF) a annoncé une étape importante en matière de sécurité dans son opération minière Minera Valle Central (MVC) au Chili. L'installation a atteint trois années consécutives sans accidents ayant entraîné une perte de temps, totalisant 1 823 782 heures-homme pendant cette période.

MVC, qui emploie 296 travailleurs et peut accueillir jusqu'à 880 travailleurs et sous-traitants lors des périodes de pointe comme les arrêts annuels de maintenance, a démontré l'efficacité de ses pratiques de sécurité et de ses programmes de formation. Selon la PDG Aurora Davidson, cet accomplissement souligne l'engagement de l'entreprise envers la sécurité des travailleurs tout en garantissant la continuité des opérations et en minimisant les pertes financières potentielles.

Amerigo Resources (TSX: ARG; OTCQX: ARREF) hat einen bedeutenden Sicherheitsmeilenstein in seiner Minera Valle Central (MVC) Kupferoperation in Chile bekannt gegeben. Die Einrichtung hat drei aufeinanderfolgende Jahre ohne Arbeitsunfälle erreicht und in diesem Zeitraum 1.823.782 Arbeitsstunden angesammelt.

MVC beschäftigt 296 Mitarbeiter und kann in Spitzenzeiten wie jährlichen Wartungsstillständen bis zu 880 Arbeiter und Subunternehmer aufnehmen. Es hat die Wirksamkeit seiner Sicherheitspraktiken und Ausbildungsprogramme demonstriert. Laut CEO Aurora Davidson unterstreicht dieser Erfolg das Engagement des Unternehmens für die Sicherheit der Arbeiter und gewährleistet gleichzeitig die betriebliche Kontinuität und minimiert potenzielle finanzielle Verluste.

Positive
  • Achievement of 3 years without lost-time accidents, indicating strong operational safety
  • 1,823,782 man-hours worked safely, demonstrating operational efficiency
  • Reduced risk of work-related financial losses and operational disruptions
Negative
  • None.

Three Consecutive Years Without Lost-time Accidents

VANCOUVER, British Columbia, Jan. 29, 2025 (GLOBE NEWSWIRE) -- Amerigo Resources Ltd. (TSX: ARG; OTCQX: ARREF) (“Amerigo” or the “Company”) is pleased to announce that Minera Valle Central (“MVC”), the Company’s 100% owned operation located near Rancagua, Chile, has reached a significant safety milestone, marked by three consecutive years without lost-time accidents. During these three years, a total of 1,823,782 man-hours were lodged by MVC’s employees.

“This new safety record reached by the MVC team is significant as it demonstrates the safety mindset and the effectiveness of the safety practices, training programs and tools in place at our operation. Our maxims that safety supersedes all production goals and that all workers should return home unharmed each day have clearly been internalized and put into practice by our workers,” said Aurora Davidson, Amerigo’s President and CEO.

“Our world-class safety record confirms our commitment to the well-being of our workers and ensures operational continuity and productivity while minimizing the potential for financial loss. MVC’s exceptional safety record is the cornerstone of the foundation on which all other aspects of the Company rest,” she added.

Currently, MVC employs 296 workers at its operation in Chile. At peak times, such as the annual maintenance shutdown, more than 880 MVC workers and subcontractors can work at MVC daily.

About Amerigo and MVC

Amerigo 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. Tel: (604) 681-2802; Web: www.amerigoresources.com; Listing: ARG: TSX.

Contact Information

Aurora Davidson
President and CEO
(604) 697-6207
ad@amerigoresources.com
Graham Farrell
Investor Relations
(416) 842-9003
Graham@northstarir.com

FAQ

How many years has Amerigo's MVC operation (ARREF) maintained zero lost-time accidents?

Amerigo's MVC operation has maintained zero lost-time accidents for three consecutive years, accumulating 1,823,782 man-hours during this period.

How many workers does Amerigo's MVC facility (ARREF) currently employ in Chile?

MVC currently employs 296 workers at its operation in Chile, with capacity to accommodate up to 880 workers and subcontractors during peak periods such as annual maintenance shutdowns.

What is the significance of MVC's safety milestone for ARREF investors?

The safety milestone indicates reduced operational risks, minimized potential for financial losses, and ensures operational continuity, which are positive factors for investors.

How many man-hours were logged during ARREF's three-year safety achievement?

During the three-year period without lost-time accidents, MVC's employees logged a total of 1,823,782 man-hours.

AMERIGO RESOURCES LTD

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