News ReleasesView All
April 18, 2018
Copper Mountain Completes Acquisition Of Altona Mining Limited
April 16, 2018
Copper Mountain Announces Q1 2018 Production Results
April 3, 2018
Copper Mountain Announces Court Approval For The Acquisition Of Altona Mining And Approval To List On The Australian Stock Exchange
March 26, 2018
Copper Mountain’s Acquisition of Altona Mining Receives Shareholder Approval
March 13, 2018
Leading Independent Proxy Advisory Firms ISS and Glass Lewis Recommend Copper Mountain Shareholders Vote In Favour Of Proposed Arrangement
Copper Mountain Mining Corporation - Company Profile
Copper Mountain Mining Corporation (TSX:CMMC | ASX:C6C) is a Canadian based mining company who’s flagship asset is the Copper Mountain mine located in southern British Columbia near the town of Princeton. The Company has a strategic alliance with Mitsubishi Materials Corporation who owns 25% of the mine. The Copper Mountain mine has a large resource of copper that remains open laterally and at depth. This large exploration potential is being explored over the next few years in order to fully appreciate the property’s full development potential.
Copper Mountain’s recent acquisition of Altona Mining Limited has brought with it approximately A$30M cash, the Cloncurry project with development-ready Eva Copper Project and an extensive exploration potential in the acquired ~ 4,000 square km (379,000 hectare) mineralized land package within the highly prospective Mt. Isa Inlier area in Queensland, Australia. It is envisaged that an open pit copper-gold mine and 7 million tonnes per annum concentrator will be developed. The Eva Copper Project has a proposed annual production of 80 million lbs of copper (39,000 tonnes of copper) and 17,200 ounces of gold for a minimum of 14 years.