Copper Mountain Mining Corporation (TSX:CUM) is a Canadian based, high growth mining company focused on adding value through successful exploration, project development, efficient operations, and opportunistic acquisitions. Maintaining a low risk profile through project diversification, astute financial management and operating in secure jurisdictions are key priorities for Copper Mountain's Management team.
Copper Mountain’s flagship asset is the 75% owned Copper Mountain mine located in southern British Columbia near the town of Princeton. The Company has a strategic alliance with Mitsubishi Materials Corporation who owns the remaining 25%. The key development for 2014 was the installation of the secondary crusher as a permanent solution to maximize production and improve overall efficiencies for the company. Secondary crusher construction was completed in August on budget and on schedule. 2015’s highlights included strong copper sales of 80 million lbs (+ gold and silver credits), record site operating costs, record total operating costs as well as mill throughput of 37,400 tpd in Q3. The 18,000 acre site has a large resource of copper that remains open laterally and at depth. The mine has significant exploration potential that will need to be explored over the next few years to fully appreciate the property’s full development potential. We continue to focus on maximizing cash flow & minimizing costs as we move through 2016.
Company Name | Copper Mountain Mining Corp |
Business Category | Copper |
Address | 1700 – 700 W Pender Street Vancouver British Columbia Canada ZIP: V6C 1G8 |
President | Jim ORourke |
Year Established | NA |
Employees | NA |
Memberships | NA |
Hours of Operation | NA |
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