Atico Mining Corporation reported income from mining operations of $4.5 million and a net income of $2.7 million for the quarter ended June 30, 2025. Production at the El Roble mine included 2.2 million pounds of copper and 2,385 ounces of gold with a cash cost of $1.73 per payable pound of copper.
Sales for the quarter increased by 94% to $21.1 million compared to the same period in 2024, with copper and gold accounting for 55% and 45% of 7,842 dry metric tonnes sold. Net income for the quarter was $2.7 million, with cash flows from operations at $4.9 million.
In Q2-2025, Atico Mining produced 2.2 million lbs of copper, 2,385 oz of gold, and 10,766 oz of silver. Copper production decreased by 42% and gold production by 16% compared to Q2-2024, primarily due to lower ore throughput and lower grades.
Alain Bureau, President of the Company, stepped down from his position to seek new opportunities. He played a key role in the La Plata project in Ecuador and will continue as a government relations consultant. Thomas Kelly is the qualified person responsible for the technical information.
Atico Mining Corporation focuses on developing and mining copper and gold projects in Latin America. The company operates the El Roble mine and is developing the La Plata VMS project in Ecuador. For more information, visit www.aticomining.com. CEO Fernando E. Ganoza oversees operations.
The Company’s financial statements and MD&A can be found on SEDAR+ and the company’s website at www.aticomining.com/s/FinancialStatements.asp. Non-GAAP financial measures are provided in the release for further details. No securities regulatory authority has approved the contents of the news release.
Read more at GlobeNewswire: Atico Reports Consolidated Financial Results for Second
