ON APRIL 13, 2023, COPPER MOUNTAIN MINING AND HUDBAY MINERALS ANNOUNCED THAT THE COMPANIES HAVE ENTERED INTO A DEFINITIVE AGREEMENT WHEREBY HUDBAY MINERALS WILL ACQUIRE ALL OF THE ISSUED AND OUTSTANDING COMMON SHARES OF COPPER MOUNTAIN MINING. FOR FURTHER DETAILS, INCLUDING MEETING LOGISTICS, VOTING INSTRUCTIONS AND KEY DOCUMENTS PLEASE VISIT www.coppermountainpoa.com. MEETING MATERIALS ARE ALSO AVAILABLE ON OUR WEBSITE'S EVENTS PAGE
The Copper Mountain Mine, the Company’s flagship asset, is located in southern British Columbia, and produces approximately 100 million pounds of copper equivalent per year. With a future mill expansion and the integration of New Ingerbelle, the Copper Mountain Mine is expected to produce 138 million pounds of copper equivalent per year at an all-in cost of US$1.76 per pound over the first 20 years of its 32 year mine life (based on reserves).
Read MoreCopper Mountain Mining Corporation believes managing environmental responsibilities is an integral component in our operations. We endeavour to carry out all our activities in a conscientious manner and are committed to minimizing our environmental footprint. Copper Mountain follows the TSM standards. In 2022, we targeted and achieved at least an "A" or “Yes” rating across all TSM protocols.
Read MoreApril 2023
Hudbay and Copper Mountain Combine to Create a Premier Americas-Focused Copper Producer