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Copper Mountain Mining Corporation T.CUM


Primary Symbol: CPPMF

Metals & Mining Copper
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

Copper Mountain Mining Corporation > Moly helps a bit more in Q1
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Post by Cognition777on Feb 09, 2023 4:10pm
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Post# 35278136

Moly helps a bit more in Q1

Moly helps a bit more in Q1

Q3-2022 - "Molybdenum production was 324 thousand pounds in the third quarter due to lower grades. At an average molybdenum price of US$16.10 per pound, molybdenum generated a by-product credit per pound of copper produced of US$0.15 in the third quarter."

Q4-2022 - Moly production and pricing will be near the same as Q3.

Q1-2023 - half way through this current quarter, Moly price has averaged about twice the price of Q3 average, and is currently 2.5x the Q3 price. ($40.90/lb). If it stays where it is, and if we produce 324lbs of Moly in Q1 (more is anticipated), it should provide a by-product credit of about $0.35 in Q1.

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