- ISIN: CA21750U1012
- WKN: A0MWH1
- VALOR: 3236452
Copper Mountain Mining Corp.
A TSX/ASX listed copper producer, developer and explorer in world class mining jurisdictions.
Copper Mountain’s flagship asset is the 75% owned Copper Mountain mine located in southern British Columbia near the town of Princeton. The Copper Mountain mine produces around 100 million pounds of copper equivalent per year with a large resource that remains open laterally and at depth. Copper Mountain also has the permitted, development stage Eva Copper Project in Queensland, Australia and an extensive 397,000 hectare highly prospective land package in the Mount Isa area.
Copper Mountain trades on the Toronto Stock Exchange under the symbol “CMMC” and Australian Stock Exchange under the symbol “C6C”.
The Copper Mountain mine is located about 20 km south of Princeton, British Columbia and 300 km east of the port of Vancouver. The Copper Mountain mineral claims cover approximately 18,000 acres and consist primarily of 135 crown grants, 176 mineral claims and 14 mining leases. The property is accessible by a combination of highways and paved roads and is close to the port of Vancouver that provides service for shipment of copper concentrates.
The Copper Mountain mine is a conventional open pit, truck and shovel operation. The mine has a 40 ktpd plant that utilizes a conventional crushing, grinding and flotation circuit to produce copper concentrates with gold and silver credits. Plant throughput is expected to increase to 45 ktpd with the installation of a third ball mill. With the plant expansion, average annual production is expected to increase to 120 million pounds of copper equivalent from 90 million pounds of copper equivalent.
Based on reserves only, and with the integration of New Ingerbelle, which is located one kilometer from the Copper Mountain mine, the operation’s current mine life is expected to be approximately 31 years. Further potential exists through the upgrading of resources to reserves and further exploration.