Imperial Metals Corp. reports financial results for its fiscal year ended December 31, 2024. "Operationally, the 2024 year was aligned with guidance. Copper production was higher at Mount Polley driven largely by higher through-put and copper grades, and both copper and gold production were higher at Red Chris due to higher copper and gold grades," said Brian Kynoch, President. "Consolidated production totalled 61,296,423 [...]
Imperial Metals Corp. reports that 2024 metal production from Red Chris was 85,320,618 pounds of copper and 59,811 ounces of gold, up from 57,051,467 pounds of copper and 46,046 ounces of gold in 2023, on higher grades and recoveries for both metals. Red Chris met its 2024 production guidance of 85.0 million pounds of copper and 57,000 ounces of gold for the calendar year 2024. Imperial's 30% share of Red Chris mine [...]
Imperial Metals Corp. reports that 2024 metal production from Mount Polley was 35.7 million pounds of copper and 39,108 ounces of gold. The mine met its targets of 34-37 million pounds for copper production and 37-41 thousand ounces for gold production. Red Chris production will be released when the reconciled information is received from Newmont Corp.. Mount Polley Mine - Production During the fourth quarter 1,660,937 [...]
Imperial Metals Corp. and its subsidiary Mount Polley Mining Corporation, along with engineering firm Wood Canada Limited, have been charged with alleged violations of the federal Fisheries Act, arising from the failure of the Tailings Storage Facility at the Mount Polley Mine more than 10 years ago in August of 2014. The charges are outlined in an indictment filed with the Supreme Court of British Columbia on December 6 [...]
Imperial Metals Corp. reports financial results for the three and nine months ended September 30, 2024. QUARTER HIGHLIGHTS FINANCIAL Adjusted EBITDA increased by $63.7 million to $74.2 million in Q3 2024 compared to $10.5 million in Q3 2023. Total revenue was $146.1 million in the September 2024 quarter compared to $78.5 million in the 2023 comparative quarter. In the September 2024 quarter, the Red Chris mine had 4.0 [...]
Imperial Metals Corp. reports quarterly copper and gold production from Mount Polley and Red Chris mines. Imperial's production was 15.515 million pounds copper and 13,551 ounces gold, with copper production up slightly from 15.501 million pounds of copper and gold production down slightly from the second quarter production of 13,768 ounces for gold. Metal production included 9.822 million pounds copper and 9,527 ounces [...]
Imperial Metals Corp. reports financial results for the three and six months ended June 30, 2024. QUARTER HIGHLIGHTS "Operationally, the second quarter was aligned with guidance, driven largely by higher through-put and copper grades at both Mount Polley and Red Chris," said Brian Kynoch, President. "With consolidated production totalling 27,854,171 pounds copper and 26,629 ounces gold through the first half of the year [...]
Imperial Metals Corp. reports quarterly copper and gold production from the Mount Polley and Red Chris mines. Imperial's production for the second quarter was 15.501 million pounds copper and 13,768 ounces gold, of which 9.281 million pounds copper and 10,009 ounces gold were produced at Mount Polley and 6.219 million pounds copper and 3,759 ounces gold from Imperial's 30% share of Red Chris mine production. Copper [...]
Imperial Metals Corp. reports diamond drill results from the final 18 diamond drill holes from the Mount Polley 2024 exploration program, including a notable interval of 895 metres grading 0.26% copper and 0.32 g/t gold starting from a depth of 27.5 metres, including 342.5 metres grading 0.42% copper and 0.48g/t gold starting from 27.5 metres, in diamond drill hole SD-24-196. The 2024 drilling at Mount Polley followed up [...]
Imperial Metals Corp. announces that it has amended certain terms of the unsecured non-convertible debentures issued by the Company on June 30, 2023 in the aggregate principal amount of $34,470,000. The Debentures originally had a maturity date of July 1, 2024 and interest at a rate of 12.0% per annum, with interest paid semi-annually in cash. The Debentures have been amended to extend the maturity date to November 1 [...]
Imperial Metals Corp. reports, in accordance with the policies of the Toronto Stock Exchange, that the nominees listed in the management information circular dated April 5, 2024, were elected as directors of the Company at the Company's virtual Annual General Meeting of Shareholders held on May 22, 2024 . Results of the vote for the election of directors which took place at the Meeting are: Name Votes For % Votes Withheld [...]
Imperial Metals Corp. reports diamond drill results from three more holes of the Mount Polley 2024 exploration program, including a notable interval of 257.5 metres grading 0.71% copper and 0.39 g/t gold from 35.0 metres in diamond drill hole SD-24-180. This phase of drilling is ongoing and is following up on the significant results obtained in the 2023 drill programs. Hole SD-24-180 was a vertical hole located 33 metres [...]
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