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    Ingrid Rico

    Managing Director and Precious Metals Analyst at Stifel

    Ingrid Rico is a Managing Director and Precious Metals Analyst at Stifel Canada, specializing in covering senior and intermediate gold producers and precious metals royalty companies such as Wheaton Precious Metals and Integra Resources. She is recognized for her strong stock calls, recently raising Wheaton Precious Metals’ price target to C$144 following record financial performance and maintaining a Buy rating, reflecting her robust analytical track record. Rico began her career as a mining engineer at Xstrata Copper in Chile and a Canadian engineering consultancy before transitioning to capital markets with GMP Securities L.P. in 2013, which later became part of Stifel. She holds a degree in Mineral Engineering from the University of Toronto and is known for her technical expertise and consistently insightful research in the resource sector.

    Ingrid Rico's questions to AAUCF leadership

    Ingrid Rico's questions to AAUCF leadership • Q3 2024

    Question

    Asked about the transition to a new mining contractor, including mitigation of disruptions and cost impact. Also inquired about the timeline and production impact of getting approval to blend Sadiola and Korali-Sud ores.

    Answer

    The transition to the new mining contractor is already in progress and is not expected to be disruptive or have a negative cost impact, as rates are similar but with better performance incentives. The Q4 production guidance assumes no blending of ores; if blending is approved, production would move to the high end or above the guided range.

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