Amerigo Resources' MVC Achieves Recognition for Sustainability Efforts
Amerigo Resources' MVC Earns Prestigious Circular Award
VANCOUVER, British Columbia — Amerigo Resources Ltd. (TSX: ARG; OTCQX: ARREF) is thrilled to announce that Minera Valle Central (MVC), a fully owned operation of the company, has been honored with the 2025 Circular Awards in the Energy Challenge category. This award signifies an important recognition in the field of circular economy practices, showcasing organizations that significantly impact sustainability, innovation, and leadership.
"This recognition is a true reflection of the commitment and creativity of our MVC team. The principle of circularity is embedded in our business model, and being recognized at the national level reinforces the vital role we play—not only for our company but also for the communities and environments we are part of. We are proud to set a standard and will continue to innovate for a sustainable future," shared Aurora Davidson, the President and CEO of Amerigo.
What Led to MVC's Recognition
MVC has been awarded for its groundbreaking project, the Energy and Environmental Liabilities Transformation initiative. This project seamlessly integrates three essential components: the recovery of copper and molybdenum from tailings, enhancing energy efficiency in production processes, and the rigorous application of circular economy principles. By reclaiming surplus copper from both current and historic tailings produced by Codelco’s El Teniente mine, MVC is converting what was once considered an environmental liability into a valuable resource.
Utilizing these tailings as a production input contributes to a reduction in energy consumption, minimizes emissions, and lessens the reliance on natural resources. This ambitious project employs cutting-edge technology, consistent operational improvements, and a solid energy governance framework driven by metrics and accountability.
The Importance of the Circular Awards
Founded by Fundación Desafío Circular, the Circular Awards represent the foremost national accolade in Chile for circular economy initiatives. The recipients are selected by a panel of 25 experts in sustainability, who assess numerous projects across various categories. In this distinguished year, MVC emerged victorious in the Energy Challenge category, recognizing projects that propel advancements in energy efficiency, emissions reductions, smart energy utilization, and contribute to industrial decarbonization.
Amerigo extends heartfelt congratulations to the entire MVC team for their remarkable accomplishment and expresses gratitude to the Circular Awards organization for their efforts in promoting sustainability and circular economy practices throughout Chile.
About Amerigo and MVC
Amerigo Resources Ltd. stands out as an innovative copper producer, maintaining a long-standing partnership with Corporación Nacional del Cobre de Chile (Codelco), which is recognized as the world’s largest copper producer. The company is engaged in the production of copper concentrate and molybdenum concentrate as a by-product at the MVC operation by processing both fresh and historical tailings from Codelco’s El Teniente mine, the largest underground copper mine globally.
Contact Information
Aurora Davidson, President and CEO
(604) 697-6207
ad@amerigoresources.com
Graham Farrell, Investor Relations
(416) 842-9003
graham@northstarir.ca
Frequently Asked Questions
What is the Circular Award that MVC received?
The Circular Award is a recognition for organizations excelling in circular economy practices and sustainability initiatives.
Who is Amerigo Resources?
Amerigo Resources Ltd. is a leading copper producer known for its focus on sustainability and innovation in the mining sector.
What updates contributed to MVC's recognition?
MVC's Energy and Environmental Liabilities Transformation project, focusing on tailings recovery and energy efficiency, played a crucial role in their recognition.
What does MVC stand for?
MVC stands for Minera Valle Central, which is Amerigo's operational facility in Chile.
How does MVC contribute to sustainability?
Through innovative projects aimed at reducing waste, energy consumption, and emissions, MVC actively promotes sustainability in its operations.
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