- Business
- Calissio Resources Group, Inc. (CRGP) is a mining company engaged in the exploration, development, and production of copper and base metals resources, primarily through its operations on the Jovita mining property in Michoacan, Mexico. The company focuses on copper concentrate production at the Jovita Mine, which spans approximately 250 hectares of mineral concessions; acquisition and advancement of additional base metals projects in Mexico that are in production or advanced exploration stages; and pursuit of mineral interests offering growth, value, and cash flow potential. It previously operated the San Pedro copper mine and mill, completing upgrades to increase productive capacity prior to relocating equipment to Jovita.
Geographic operations center on Mexico for mining activities, with administrative headquarters in Las Vegas, Nevada. Incorporated in 2000 and formerly known as Amarium Technologies, Inc., the company changed its name in October 2014 to reflect its mining focus. As of September 10, 2015, Calissio Resources Group operates as a subsidiary of Industrias Calissio Sur SA de CV, supporting its strategic development of resource properties.
Recent major developments include a 2015 going-private transaction via merger with Milagros Del Cobre Mineria SA de CV, enhancing copper operations and enabling expansion into gold mineral exploration; completion of a share buyback program repurchasing over 158 million shares; and the sale of the San Pedro copper mine for USD 14.6 million, with equipment relocation to the Jovita Mine to consolidate production efforts. These initiatives represent key strategic shifts toward streamlined operations and asset optimization within the industrial metals and mining sector. The company targets investors and stakeholders interested in base and precious metals opportunities in Mexico.