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Copper Mountain is a conventional open-pit mining operation in British Columbia, owned by Hudbay and Mitsubishi. It produces copper, gold and silver concentrates and has a 21-year mine life with growth potential.
The Copper Mountain Mine, located south of Princeton, British Columbia, is a conventional open pit, truck and shovel operation. Hudbay owns 75% of the Copper Mountain Mine, with the remainder owned by Mitsubishi Materials Corporation.
Jun 20, 2023 · The Transaction creates a premier Americas-focused copper mining company that is well-positioned to deliver sustainable cash flows from an operating portfolio of three long-life mines, as...
- Hudbay Minerals Inc.
Sep 28, 2022 · The Company announces a 57% increase in copper mineral reserves and a 65ktpd mill expansion scenario for its Copper Mountain Mine in BC. The updated plan supports a 32-year mine life with robust economics and free cash flow.
May 24, 2023 · The company announces positive results from its 2023 exploration program at the Copper Mountain Mine in British Columbia, including the highest-grade copper-gold mineralization at New Ingerbelle. The program is designed to test seven target areas and find higher-grade zones below and adjacent to the current resource.
Mar 27, 2023 · The Company produced 64.1 million pounds of copper equivalent in 2022, despite operational challenges and project capital expenditures. It sold the Eva Copper Project, reduced its debt, and expects lower costs and higher production in 2023.
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Nov 30, 2020 · The new life of mine plan increases Copper Mountain’s after-tax Net Present Value (NPV) by over 60% to US$1.0 billion, on higher annual production and lower costs, when compared to the previously published 2019 Technical Report.
