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Imperial Metals Corp T.III

Alternate Symbol(s):  IPMLF

Imperial Metals Corporation is a Canada-based exploration, mine development and operating company. The Company’s holdings include the Mount Polley mine (100%), the Huckleberry mine (100%), the Red Chris mine (30%). The Company also holds a portfolio of about 23 greenfield exploration properties in British Columbia. The Mount Polley copper/gold mine in south-central British Columbia is owned 100% by Mount Polley Mining Corporation, a wholly owned subsidiary of the Company. The property encompasses about 24,096 hectares (ha) consisting of seven mining leases and 52 mineral claims. The Huckleberry copper mine in west-central British Columbia is 100% owned by Huckleberry Mines Ltd., a wholly owned subsidiary of the Company. The property encompasses about 25,767 ha, consisting of two mining leases and 49 mineral claims. Red Chris Development Company Ltd., a subsidiary of the Company, owns a 30% beneficial interest in the Red Chris copper/gold mine in northwest British Columbia.


TSX:III - Post by User

Bullboard Posts
Comment by miningfundion Jan 08, 2018 6:55pm
59 Views
Post# 27308799

RE:RE:RE:Mt Polley layoff -All Good

RE:RE:RE:Mt Polley layoff -All GoodActual 2017 Mt Polley production and 2018 guidance should come out within days - should include an explanation of the layoff situation. The Technical Report forecasts 2018 production of 43 mm lbs cu and 45,000 ozs au. The 2017 production estimate was 20-22 mm lbs cu and 51-55,000 ozs gold. 2016 production was 25 mm lbs cu and 46,000 oz au. 
thegreatpumkin wrote: Maybe at current copper prices, it makes sense to use up some of he stockpile and save the good stuff for leaner times? If they can make a buck just losing and dumping, why not? But, as others have said, it would be great it management had explained the motivation for the layoffs so she are stuck guessing.


Bullboard Posts