The deposit was operated as an underground mine between 1923 and 1957. Open pit mining commenced in 1968 and the mine closed in 1996. The property straddles the Similkameen River (which will provide water for the mine) with the Ingerbelle deposit on the west side of the river and the Copper Mountain deposits on the east side of the river. The original mill complex is located on the Ingerbelle side and was connected to the Copper Mountain side by a conveyor system.
This Copper Metals Mine report provides a detailed analysis of the cost profile, geology, reserves and future production for this mine, as well as a detailed location map.
Copper producers, advisors and financial companies can use this report to better understand asset value and efficiency of the operation. It will also help you benchmark against similar mines, identify acquisition opportunities and examine evolving cost structures to strengthen business strategies.
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The deposit was operated as an underground mine between 1923 and 1957. Open pit mining commenced in 1968 and the mine closed in 1996. Copper Mountain Mining Corp. and Mitsubishi Materials Corp re-commissioned the mine in 2011, and the mine currently has reserves supporting a mine life until 2030.
The property straddles the Similkameen River (which will provide water for the mine) with the Ingerbelle deposit on the west side of the river and the Copper Mountain deposits on the east side of the river. The original mill complex is located on the Ingerbelle side and was connected to the Copper Mountain side by a conveyor system.
Construction of a permanent secondary crushing facility was initiated at the end of 2013 due to the tougher than anticipated ore and completed in by the end of 2014. At the start of 2015 the mill was assumed to be operating at full capacity.
Reserves and resources
In this report there are 3 tables or charts, including:
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Asset report | Nov 2016
Copper Mountain copper mine
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