Imperial Metals Corporation
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ACQUISITION: Australia’s St Barbara to acquire Atlantic Gold
Australian gold producer St Barbara (ASX: SBM) is acquiring 100% of Canadian gold producer Atlantic Gold (TSXV: AGB) in a deal valued at $802 million. St Barbara’s offer represents a 41.1% premium to Atlantic’s closing share price on May 14 and a 40.8% premium…
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TAILINGS: BHP looks to create international oversight for dams
BHP says it is stepping up its work to create an international and independent body to oversee integrity in the construction and operation of all tailings storage facilities across the industry. The Australian company is also calling for greater transparency…
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ENVIRONMENT: Second dam failure for Vale in Brazil
Every mine and mill operator’s worst nightmare is the failure of a tailings dam. Vancouver’s Imperial Metals faced this catastrophe in 2014 at its Mount Polley copper-gold mine in British Columbia. Fortunately no one died. The company remediated the problem…
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COPPER-GOLD: Imperial cites low prices in decision to suspend Mount Polley mining
BRITISH COLUMBIA – Vancouver-based Imperial Metals Corp. says the low price of copper is responsible for its decision to suspend mining at its Mount Polley copper-gold project 55 km northeast of Williams Lake. Processing of low grade stockpiles will continue…
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COPPER-GOLD: Imperial Metals posts $28.6M loss in Q3
VANCOUVER – Imperial Metals (TSX: III) recorded a net loss in the third quarter of $28.6 million compared to a net loss of $1.6 million in the same quarter a year ago, with the increase primarily due to reduced income from…
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Imperial’s VP environment talks remediation
Vice-president ‘Lyn Anglin speaks about the aftermath of the Mount Polley tailings spill
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The cleaner, drier future of mine waste
The Mount Polley tailings dam failure has spurred a look at tailings alternatives
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Radical change coming to tailings management
Maybe it’s overstating the case to say the 2014 Mount Polley tailings dam failure changed everything. It hasn’t yet. But it will. Today, the mine’s owner, Imperial Metals – which has already spent about $70 million on remediation efforts at…
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Imperial’s Mount Polley shows promise following 2014 tailings dam failure
It’s been over two and a half years since a catastrophic tailings dam failure paralyzed activity at Imperial Metals’ (TSX: III; US-OTC: IPMLF) Mount Polley copper-gold mine, 56 km northeast of Williams Lake, B.C., but now, with a long term water…
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COPPER-GOLD: Imperial reports underground drill results at Mount Polley mine
BRITISH COLUMBIA – Vancouver’s Imperial Metals Corp. has completed the first nine underground holes in the Martel and Green zones below the Wight pit at its Mount Polley copper-gold mine 100 km northeast of Williams Lake. The zones were discovered…
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GOLD: Northern Empire to buy Sterling mine from Imperial
NEVADA – Vancouver-based Northern Empire Resources has offered to buy a 100% in the Sterling gold mine from a subsidiary of Imperial Metals Corp., also headquartered in Vancouver. Sterling is a heap leach operation located 185 km northwest of Las…
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WRAP UP: Miners offer production and cost guidance
This is the time of year that many mining companies release their preliminary 2016 production numbers and guidance for 2017. Cameco Corp. of Saskatoon, SK, said it delivered 13.5 million lb of uranium at an average realized price of US$54.46/lb…
