Amerigo Resources Ltd.'s (TSX:ARG) wholly owned subsidiary, Minera Valle Central (MVC) has extended their hedging facility with MVC's concentrate purchaser, Empresa Nacional de Mineria (Enami). MVC has secured a minimum price of US$2.60 per pound for 800 tonnes per month of copper production for the months ranging from December 2009 to May 2010. This amount represents around 45% of MVC's forecast copper production for that period.
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About Amerigo Resources
Amerigo Resources Ltd. is a Canadian junior company producing copper and molybdenum from its MVC operations near Santiago, Chile.
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