The Globe and Mail reports in its Wednesday, May 6, edition that one Canadian company that is profiting from the high demand for copper is Vancouver-based Amerigo Resources. The Globe's regular guest columnist Gordon Pape writes that through its 100-per-cent-owned MVC operation in Chile, Amerigo produces copper from the waste material of the world's largest underground copper mine, Codelco's El Teniente mine. Since 1992, the company has produced 1,062 million pounds of the metal. Amerigo uses a simple technology that produces predictable operations and cash flow. It rewards shareholders through a capital return strategy that includes regular quarterly dividends, performance dividends and share buybacks. Amerigo provides steady income and capital gains potential in a high-demand commodity. Mr. Pape has made it his top pick for his Income Investor newsletter for this month. The share price is up about 35 per cent so far this year. The company pays a quarterly distribution of four cents a share. But it frequently approves special payments, such as the 16-cent-per share dividend that was paid on April 20. Amerigo is a Canadian company, so distributions are eligible for the dividend tax credit.