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Atico Mining

Full company profile

uuid00041pr

Namestring
Atico Mining
Legal namestring
Atico Mining Corporation
Websiteurl
aticomining.com
Company typeenum
Public
Founded yearint
2012
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
51–100
akta.pro rankint
HeadquartersVancouver, Canada
HQ citystring
Vancouver
HQ countrystring
Canada
HQ regionstring
North America
Markets served

Serves global market

Offices4 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
copper mining, gold mining, copper-gold concentrate, underground mining, VMS deposits
Industry3 codes
1Copper Ore Mining (Open-Pit & Underground)
CodeIMAKADABPrimaryYes
2Precious Metals Smelting & Refining
CodeIMAKAEAEPrimaryNo
3Exploration & Resource Development (Critical Minerals)
CodeIMAKAFALPrimaryNo
NAICS code2 codes
  • Copper, Nickel, Lead, and Zinc Mining212230
  • Other Metal Ore Mining21229
SIC code2 codes
  • Metal Mining1000
  • Miscellaneous Metal Ores1090
Product category
Copper-Gold Mining
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Copper-Gold Concentrate Sales
TypeTransaction Fee
Description

Primary revenue stream from selling copper-gold concentrates produced at the El Roble mine. Concentrate is sold to customers/smelters with revenue recognized upon shipment. Copper accounted for 59% and gold accounted for 41% of 2025 sales. Average realized price in 2025 was $4.52 per pound of copper and $3,498 per ounce of gold.

aticomining.com
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Operations, Personnel, Supply Chain, Marketing or Sales, Others
Pricing details1 tier
1Commodity pricing based on market rates
ModelOtherBilling cadencePay-as-you-go
Notes

Revenue from concentrate sales is based on prevailing commodity prices for copper and gold, with realized prices for Q1 2026 at $5.58/lb Cu and $4,722/oz Au.

aticomining.com
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

Atico Mining Corporation is a Canadian-based mineral exploration, development, and operating company that produces copper-gold concentrates at its wholly-owned El Roble underground mine in Colombia and is advancing the La Plata gold-rich VMS project in Ecuador. The company's principal product is copper-gold-silver concentrate sold to smelters and refineries, with copper and gold serving as primary payable metals in the concentrate.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • Q1 2026 cash margin of $4.19 per pound of payable copper produced, up 191% from Q1 2025
+3 more records
Product overview1 text field

Atico Mining operates two primary mining assets: the El Roble Mine, an underground copper-gold producing mine in Colombia with 1,000 tpd throughput capacity generating copper-gold concentrate, and the La Plata Project, a development-stage high-grade gold-rich VMS deposit in Ecuador targeting production of gold, copper, silver, zinc, and lead concentrates.

Product and service2 records
1El Roble Mine
CategoryOperating copper-gold mine
2La Plata Project
CategoryDevelopment-stage mining project
Scale indicator10 records

Each record includes

Type, Value, Description, Source

Partnership3 partners
Strategic tierCoreTypeOthersAnnounced on2026-02-09
Description

Ministry of Environment and Energy of Ecuador granted Environmental License for La Plata project in February 2026. Also granted Water Permit, Waste Generator Registry, and Chemical Substances Registry - key permits for project development.

Strategic tierCoreTypeOthersAnnounced on2025-06-19
Description

Atico Mining entered into Investment Protection Agreement with Ecuadorian State for the La Plata mining project. Provides legal and tax stability for planned investment up to $158 million, while company commits to regulatory compliance and prioritizing local employment.

3Colombia National Mining Agency
Strategic tierCoreTypeOthersAnnounced on2025-05-23
Description

Atico Mining executed a new 30-year mining agreement and related title for the El Roble mine with Colombia's National Mining Agency. Also negotiated royalty payment plan for arbitration award of $9.8 million, with $4.9 million deferred to 2027.

aticomining.com
Recent move9 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Mid-tier copper producer operating in Brazil with a focus on high-grade underground copper-gold operations. Comparable on copper concentrate revenue model, underground mining expertise, and growth-via-development pipeline.

TypeEmerging player
Description

Mid-tier Latin American silver-gold-copper producer. Closely comparable via direct management/board overlap (Ganoza family and Szotlender) and shared strategy of building mid-sized mines in Peru, Mexico, and broader LatAm. Different commodity mix but same operating playbook.

TypeDirect peer
Description

Pure-play copper producer with operations across the Americas (Chile, Peru, Mexico, Arizona). Comparable on copper concentrate sales to smelters, mid-cap scale, and growth-from-development strategy.

TypeEmerging player
Description

Copper-focused developer with the Warintza project in Ecuador. Directly comparable as a junior advancing a copper-gold project in the same Andean jurisdiction and requiring similar regulatory and community milestones.

TypeBroad incumbent
Description

Large-scale copper-gold miner with major operations and projects in Zambia, Panama, and Latin America. Comparable on copper-gold concentrate sales and LatAm project development, though significantly larger scale.

TypeDirect peer
Description

Mid-tier silver-gold producer with operations in Mexico. Director Mario Szotlender sits on Endeavour's board, and the company shares the broader LatAm precious/base-metal operator profile and growth-by-acquisition history.

TypeDirect peer
Description

Copper-gold producer with operating mines in the Americas (Peru, Canada, US). Comparable as a mid-tier copper-focused operator selling concentrate to smelters, with a development pipeline and exposure to copper/gold by-product economics similar to Atico.

TypeDirect peer
Description

Mid-tier diversified base metal producer (copper, zinc, nickel, gold). Directly comparable on copper concentrate sales model, multi-jurisdictional LatAm operating footprint, and pipeline of development-stage copper projects.

TypeEmerging player
Description

Pre-production gold-silver developer (Back River project, Canada). Director Jonathan Goodman (also Atico director) provides direct overlap; comparable as a development-stage LatAm/Canadian mining equity with single-asset transition to producer.

TypeEmerging player
Description

Latin American-focused gold/silver explorer. Director Mario Szotlender provides direct overlap; comparable as a small-cap LatAm mineral explorer-developer in the same investment ecosystem.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks7 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers1 record

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles9 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries3 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds2 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Atico Mining

Copper-Gold Miningaticomining.com

Atico Mining firmographics

Firmographics
Name
Atico Mining
Legal name
Atico Mining Corporation
Website
https://aticomining.com
Company type
Public
Founded year
2012
Operating status
Operating
Headcount range
51–100 employees
Ownership category
akta.pro rank

Atico Mining industry classification

Industry
Product category
Copper-Gold Mining
NAICS
Copper, Nickel, Lead, and Zinc Mining (212230), Other Metal Ore Mining (21229)
SIC
Metal Mining (1000), Miscellaneous Metal Ores (1090)
akta.pro primary industry
Copper Ore Mining (Open-Pit & Underground) (IMAKADAB)
akta.pro secondary industries
Precious Metals Smelting & Refining (IMAKAEAE), Exploration & Resource Development (Critical Minerals) (IMAKAFAL)

Keywords

  • Copper mining
  • Gold mining
  • Copper-gold concentrate
  • Underground mining
  • VMS deposits

Where Atico Mining is headquartered

Location

Headquarters

HQ city
Vancouver
HQ country
Canada
HQ region
North America

Offices4 records

Markets served

Atico Mining business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Operations, Personnel, Supply Chain, Marketing or Sales, Others

Revenue model

  1. Copper-Gold Concentrate Sales: Primary revenue stream from selling copper-gold concentrates produced at the El Roble mine. Concentrate is sold to customers/smelters with revenue recognized upon shipment. Copper accounted for 59% and gold accounted for 41% of 2025 sales. Average realized price in 2025 was $4.52 per pound of copper and $3,498 per ounce of gold.

Pricing tiers

ModelBillingPrice
OtherPay-as-you-goCommodity pricing based on market rates

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Atico Mining product offering

Product offering

Core offering

Atico Mining Corporation is a Canadian-based mineral exploration, development, and operating company that produces copper-gold concentrates at its wholly-owned El Roble underground mine in Colombia and is advancing the La Plata gold-rich VMS project in Ecuador. The company's principal product is copper-gold-silver concentrate sold to smelters and refineries, with copper and gold serving as primary payable metals in the concentrate.

Product overview

Atico Mining operates two primary mining assets: the El Roble Mine, an underground copper-gold producing mine in Colombia with 1,000 tpd throughput capacity generating copper-gold concentrate, and the La Plata Project, a development-stage high-grade gold-rich VMS deposit in Ecuador targeting production of gold, copper, silver, zinc, and lead concentrates.

Differentiator

Problem solved

Functional benefit

Products and services

  • El Roble Mine
  • La Plata Project

Quantifiable outcome

  • Q1 2026 cash margin of $4.19 per pound of payable copper produced, up 191% from Q1 2025
  • +3 more outcomes

Companies that use Atico Mining

Customer profile

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Atico Mining technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

Atico Mining partnerships and signals

Strategic signal

Partnerships

Three partnerships are on record, tiered core.

  • Ministry of Environment and Energy of Ecuador (MAATE)coreOthers · 9 February 2026Ministry of Environment and Energy of Ecuador granted Environmental License for La Plata project in February 2026. Also granted Water Permit, Waste Generator Registry, and Chemical Substances Registry - key permits for project development.
  • Government of EcuadorcoreOthers · 19 June 2025Atico Mining entered into Investment Protection Agreement with Ecuadorian State for the La Plata mining project. Provides legal and tax stability for planned investment up to $158 million, while company commits to regulatory compliance and prioritizing local employment.
  • Colombia National Mining AgencycoreOthers · 23 May 2025Atico Mining executed a new 30-year mining agreement and related title for the El Roble mine with Colombia's National Mining Agency. Also negotiated royalty payment plan for arbitration award of $9.8 million, with $4.9 million deferred to 2027.

Scale indicators10 records

Recent moves9 records

Expansion highlights5 records

Atico Mining competitors and assessment

Company assessment

Direct peers

  • Ero Copper: Mid-tier copper producer operating in Brazil with a focus on high-grade underground copper-gold operations. Comparable on copper concentrate revenue model, underground mining expertise, and growth-via-development pipeline.
  • Capstone Copper: Pure-play copper producer with operations across the Americas (Chile, Peru, Mexico, Arizona). Comparable on copper concentrate sales to smelters, mid-cap scale, and growth-from-development strategy.
  • Endeavour Silver: Mid-tier silver-gold producer with operations in Mexico. Director Mario Szotlender sits on Endeavour's board, and the company shares the broader LatAm precious/base-metal operator profile and growth-by-acquisition history.
  • Hudbay Minerals: Copper-gold producer with operating mines in the Americas (Peru, Canada, US). Comparable as a mid-tier copper-focused operator selling concentrate to smelters, with a development pipeline and exposure to copper/gold by-product economics similar to Atico.
  • Lundin Mining: Mid-tier diversified base metal producer (copper, zinc, nickel, gold). Directly comparable on copper concentrate sales model, multi-jurisdictional LatAm operating footprint, and pipeline of development-stage copper projects.

Emerging players

  • Fortuna Silver Mines: Mid-tier Latin American silver-gold-copper producer. Closely comparable via direct management/board overlap (Ganoza family and Szotlender) and shared strategy of building mid-sized mines in Peru, Mexico, and broader LatAm. Different commodity mix but same operating playbook.
  • Solaris Resources: Copper-focused developer with the Warintza project in Ecuador. Directly comparable as a junior advancing a copper-gold project in the same Andean jurisdiction and requiring similar regulatory and community milestones.
  • Sabina Gold and Silver: Pre-production gold-silver developer (Back River project, Canada). Director Jonathan Goodman (also Atico director) provides direct overlap; comparable as a development-stage LatAm/Canadian mining equity with single-asset transition to producer.
  • Radius Gold: Latin American-focused gold/silver explorer. Director Mario Szotlender provides direct overlap; comparable as a small-cap LatAm mineral explorer-developer in the same investment ecosystem.

Broad incumbents

  • First Quantum Minerals: Large-scale copper-gold miner with major operations and projects in Zambia, Panama, and Latin America. Comparable on copper-gold concentrate sales and LatAm project development, though significantly larger scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

Atico Mining social profiles

Digital presence

Atico Mining financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Atico Mining leadership team

Management profile

Number of profiles

Profiles9 records

Atico Mining subsidiaries and ownership

Company hierarchy

Subsidiaries3 records

Atico Mining funding detail

Funding detail

Funding overview

Funding rounds2 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Atico Mining M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Atico Mining

What does Atico Mining do?

Atico Mining Corporation is a Canadian-based mineral exploration, development, and operating company that produces copper-gold concentrates at its wholly-owned El Roble underground mine in Colombia and is advancing the La Plata gold-rich VMS project in Ecuador. The company's principal product is copper-gold-silver concentrate sold to smelters and refineries, with copper and gold serving as primary payable metals in the concentrate.

Is Atico Mining a public or private company?

Atico Mining is a public company. It is classified as public and is currently operating.

When was Atico Mining founded?

Atico Mining was founded in 2012. It employs 51 to 100 people.

Where is Atico Mining based?

Atico Mining is headquartered in Vancouver, Canada, in the North America region.

How does Atico Mining make money?

One revenue line is on record: copper-Gold Concentrate Sales.

Who are Atico Mining's main competitors?

Direct peers on record are Ero Copper, Capstone Copper, Endeavour Silver, Hudbay Minerals and Lundin Mining. Emerging players are Fortuna Silver Mines, Solaris Resources, Sabina Gold and Silver and Radius Gold. First Quantum Minerals is listed as a broad incumbent.

Does Atico Mining have an API?

No public API is recorded for Atico Mining.

What industry is Atico Mining in?

Atico Mining's product category is Copper-Gold Mining. Its primary akta.pro industry code is IMAKADAB, Copper Ore Mining (Open-Pit & Underground), with a secondary code of IMAKAEAE, Precious Metals Smelting & Refining. Its NAICS code is 212230 and its SIC code is 1000.

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Live signals
Shanghai Metals MarketIndia has not yet decided whether to remove the pre-shipment inspectioAtico Mining secured a US$111.4 million financing package with Trafigura for its La Plata copper-gold project in Ecuador, comprising a US$95 million project finance facility and a US$16.4 million convertible debenture. The company expects to close the transaction around October 13, 2026, with the first advance expected thereafter.Shanghai Metals MarketAtico Mining has entered into a US$111.4 million financing package witAtico Mining entered a US$111.4 million financing package with Trafigura for its La Plata copper-gold project in Ecuador, comprising a US$95 million project finance facility and a US$16.4 million convertible debenture. The company expects to close the transaction around October 13, 2026, with the first advance expected thereafter.Financial PostCanadian Investment Regulatory Organization Trading Halt - ATYCIRO halted trading in Atico Mining Corporation (TSX-Venture: ATY) on Sept. 29, 2026, at 3:10 p.m. ET, citing pending news. The halt applies to all issues of the company.Financial PostCanadian Investment Regulatory Organization Trade Resumption - ATYTrading in Atico Mining Corporation (TSX-Venture: ATY) resumes on September 30, 2026, at 8:00 AM ET, following a temporary suspension. CIRO, Canada's national self-regulatory organization, oversees such halts to ensure fair and orderly markets.Ticker ReportAtico Mining (CVE:ATY) Shares Down 9.6% – Should You Sell?Atico Mining Corporation shares fell 9.6% to C$0.23 during Wednesday trading, accompanied by a 194% surge in volume relative to the daily average. The company, which holds interests in copper and gold projects in Colombia and Ecuador, maintains a market capitalization of C$42.62 million with a negative price-to-earnings ratio.Financial PostAtico Reports Consolidated Financial Results for the Second Quarter of 2026Atico Mining Corporation reported a net loss of $0.2 million for the second quarter of 2026, marking a shift from the $2.7 million net income recorded in the same period last year. The company's revenue decreased by 18% to $17.4 million due to significant drops in gold and silver production, while cash costs per pound of payable copper nearly doubled primarily due to the strengthening Colombian Peso.YahooAtico Reports Consolidated Financial Results for the Second Quarter of 2026Atico Mining Corporation reported a net loss of $0.2 million for the second quarter of 2026, a significant decline from the $2.7 million net income recorded in the same period the previous year. The company cited operational bottlenecks and a strengthened Colombian Peso as primary drivers behind an 18% revenue decrease to $17.4 million and a 98% increase in cash costs per pound of payable copper.FinancialContent Business PageAtico Reports Consolidated Financial Results for the Second Quarter of 2026Atico Mining Corporation reported a net loss of $0.2 million for the second quarter of 2026, marking a reversal from the $2.7 million net income recorded in the same period last year. The company's revenue decreased by 18% to $17.4 million due to lower production volumes and higher cash costs driven by the strengthening Colombian Peso and operational challenges at its El Roble mine.Markets DailyShort Interest in Atico Mining Co. (OTCMKTS:ATCMF) Grows By 1,439.4%Short interest in Atico Mining Co. shares grew by 1,439.4% to 65,516 shares as of July 31. The company is a Canadian-based mineral exploration firm focused on copper and silver assets in Peru.Financial PostAtico Announces 2026 AGM Voting Results and Stepdown of Michael Winn as DirectorAtico Mining Corporation announced the results of its 2026 annual general meeting, where all proposed resolutions were passed including the election of six director nominees and the appointment of PricewaterhouseCoopers LLP as auditor. Shareholders also approved setting the board at six directors and ratifying the stock option plan, with 99% voting in favor across key measures. Director Michael Winn stepped down after fourteen years of service and Kim Casswell retired as Corporate Secretary, with Kelly Pladson appointed as the new Corporate Secretary.