Copper Mountain Mining has announced a new, integrated life-of-mine production plan for its Copper Mountain properties in southern British Columbia. The plan includes a modest expansion of throughput for the Copper Mountain mill from 40,000 metric tons per day (mt/d) to 45,000 mt/d and integrates production from the New Ingerbelle deposit 1 kilometer (km) from current operations.
When compared to the previous Copper Mountain mine plan, the new plan includes a 102% increase in mineral reserves, a 27% increase in average copper equivalent production to 116 million lb/y over the first 10 years, a 12-year extension in mine life to 26 years, and a decrease in C1 cash costs to $1.87/lb.