BRITISH COLUMBIA – Imperial Metals Corp. of Vancouver has announced the suspension of milling at its Huckleberry mine 90 km southwest of Houston when the stockpiles are exhausted, about the end of August 2016. The company halted open pit mining early last month due to declining copper prices.
Imperial said that it will continue to investigate means of reducing operating costs and resuming production. One avenue to be explored is the option to defer a portion of the mine’s hydro bill as announced Feb. 5, 2016, by BC mines and energy minister Bill Bennett.
The Huckleberry mine was operated by Huckleberry Mines Ltd., a joint venture of Imperial (50%) and Japanese partners including Mitsubishi Materials, Dowa Mining and Furukawa.
Imperial continues to operate the Red Chris and Mount Polley gold-copper mines in British Columbia and the Sterling gold mine in Nevada. Please visit ImperialMetals.com.