Atico Mining Reports Q1 Copper Output Down, Gold Production Up At El Roble Mine
Atico Mining (ATY.V) after the close Tuesday reported its operating results for the three months ended March 31, 2026, from its El Roble mine.The company said copper production totaled 2.09-million pounds, down 6% year over year, while gold production rose 36% to 2,108 ounces, both in concentrates.Average processed throughput was 734 tonnes per day, a 5% decline from the first quarter of 2025.Copper head grade was 1.86%, down 6% year over year, while gold head grade increased 20% to 1.69 grams per tonne.Copper recovery was 91.0%, down 3% from a year earlier, while gold recovery improved 10% to 69.1%.The El Roble mine is a high grade, underground copper and gold mine with nominal processing plant capacity of 1,000 tonnes per day, located in Colombia."The El Roble mine performed slightly below plan during the quarter, even though gold production was above budget. We achieved a competitive operating cost and clear improvements are already visible in the second period as operations are back on track to meet our full-year guidance," said chief executive Fernando Ganoza. "During the quarter, we successfully completed the sale of two concentrate shipments, combined with record metal prices, positions us to deliver robust financial results."The company's shares closed unchanged at $0.275 on the TSX Venture Exchange.