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Copper Mountain Mining Corporation T.CUM


Primary Symbol: CPPMF

Copper Mountain Mining Corp is a copper producer, developer and explorer. Copper Mountain's flagship asset is the Copper Mountain mine located in southern British Columbia near the town of Princeton. The Copper Mountain mine produces over 90 million pounds of copper equivalent per year with a large resource that remains open laterally and at depth. The company also has the development stage Eva Copper Project in Queensland, Australia.


OTCPK:CPPMF - Post by User

Comment by brendellyon Apr 17, 2012 3:39pm
469 Views
Post# 19804266

RE: how it works

RE: how it works

Its a story of run time and rate. Quick numbers show an average processing rate of 23,000 tpd for Q1. 89% availability for March end and compared to the budgeted 92%.

23,333 tpd @ 0.377% yields = 88 tonnes tpd Cu x 90 days x 2000 lbs = 15,833,770 lbs GROSS

Produced 13.7 mmlbs / 15.8 mmlbs = 87% Recovery - on target

35,000 tpd from the average 23,333 tpd on the quarter is 50% increase and using the above numbers yields 6.85 mmlbs/quarter totaling 20.5 mmlbs per quarter or 82.2 million per year excluding incremental recovery they achieve as the process continues. 

Rough numbers, expand where you see fit.

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