DAILY NEWS Jan 23, 2013 4:02 PM - 0 comments

COPPER-GOLD: Inmet wraps up 2012, looks toward 2013

TEXT SIZE bigger text smaller text

VANCOUVER – As is fitting in the first month of a new year, Imperial Metals Corp. has added up its production numbers for 2012. The company's output included 51.3 million lb of copper, 53,252 oz of gold, 211,995 oz of silver, and 2,278 lb of molybdenum.

Both base and precious metal production exceeded the company's forecast for the Huckleberry copper-molybdenum mine and Mount Polley copper-gold mine in British Columbia. Copper production was 2% over forecast, gold production was 11.4% over and silver production was 31.7% over.

Last year Imperial put the Sterling gold mine in Nevada into production, and it turned out 10,000 oz of gold in 2012.

Looking ahead to 2013, the company expects higher production of copper and gold, 58.5 million lb and 54,600 oz respectively. However, silver output will drop to 195,000 oz, and molybdenum production will cease altogether.

Looking forward, Imperial has the Red Chris copper-gold project at the development stage and the Ruddock Creek zinc-lead project at the advanced exploration stage. More information about them is at ImperialMetals.com.

Companies in This Story

Imperial Metals Corporation

Monitor These Topics

Horizontal ruler
Horizontal Ruler

Post A Comment

Note: By submitting your comments you acknowledge that Canadian Mining Journal has the right to reproduce, broadcast and publicize those comments or any part thereof in any manner whatsoever. Please note that due to the volume of e-mails we receive, not all comments will be published and those that are published will not be edited. However, all will be carefully read, considered and appreciated.

Your Name (this will appear with your post) *

Email Address (will not be published) *

Comments *

* mandatory fields