Copper Mountain Updates on Q3 Operations

Copper Mountain Mining Corporation (TSX:CUM) released its Q3 production results from the Copper Mountain mine located in southern British Columbia.

According to the company’s press release:

The mine had record copper production for the quarter and exited the quarter on a positive note with September’s copper production totaling 6.8 million pounds. Production for the quarter ended September 30, 2013 totaled 17.7 million pounds of copper, 6,417 ounces of gold, and 79,290 ounces of silver. Production improvements can be attributed to the increased average mill throughput rate made possible with the short term secondary crushing strategies that have been implemented and improved in late July. These short term strategies include: utilizing an increased powder factor in the blasting in the mine to create more fines in the ore; continuing with a contract portable crusher at the primary crusher to crush plus 5,000 tpd of ore to minus two inches; and the introduction of the Company’s own small portable crusher that was purchased and installed at the coarse ore stockpile during the quarter.  The combination of these three activities is designed to create between 12,000 tpd and 13,000 tpd of minus two inch ore feed for the SAG mill. In September the average daily throughput of the SAG mill was 31,925 tpd with an average of 7,600 tpd minus 2 inch crushed product from the portable crushers. Mill availability at 94.2% for the month was a positive contribution to the 89.3% average for the quarter.

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