• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Base Metals Market
    Base Metals News
    Base Metals Stocks
    • Base Metals Market
    • Base Metals News
    • Base Metals Stocks

    Imperial Metals Reports Higher Q3 Output from Red Chris Mine

    Charlotte McLeod
    Oct. 13, 2015 04:42PM PST
    Base Metals Investing

    Imperial Metals Corp. (TSX:III) released its Q3 production results, commenting that its Red Chris mine put out 20.7 million pounds of copper and 9,281 ounces of gold in the period. Those are increases of 64 and 100 percent, respectively.

    Imperial Metals Corp. (TSX:III) released its Q3 production results, commenting that its Red Chris mine put out 20.7 million pounds of copperĀ and 9,281 ounces of gold in the period. Those are increases of 64 and 100 percent, respectively.
    As quoted in the press release:

    In the third quarter of 2015 the mill achieved an average throughput of 26,000 tpd, an increase of 27.8% over the second quarter of 2015. The mine moved an average of 68,931 tonnes of material per day during the third quarter 2015.
    Mining activities continued in the Main and East zones, with the bulk (approximately 78%) of the mill feed coming from the Main zone with higher grade East zone ores (approximately 22%) being blended with the Main zone ores. The ore grade averaged 0.479% copper and 0.257 g/t gold for the quarter. Metallurgical results improved during the quarter. This improvement was partially achieved through blending Main zone and higher grade East zone ore. Blended ore was available in both July and August, while only Main zone ore was available for most of September. Metal recoveries for the third quarter averaged 81.7% copper and 44.8% gold.
    Plans to increase stripping are being implemented so that East zone ores will be more consistently available for blending. This plan includes moving two Cat 793 haul trucks and an excavator from Mount Polley to Red Chris to increase the mining capacity at Red Chris to 100,000 tpd.

    Brian Kynoch, president of Imperial Metals, commented:

    We are very pleased with the progress made at Red Chris during its second full quarter of production (the first quarter of commercial production), with average mill through-put and metal recoveries increasing to very near targeted levels.

    Click here to read the fullĀ Imperial Metals Corp. (TSX:III) press release.

    imperial metalstsx:iii
    The Conversation (0)

    Go Deeper

    AI Powered
    Copper pipes laid on top of each other in bundles.

    5 Best-performing Copper Stocks on the TSX in 2025

    Copper North Mining

    Copper North Mining

    Latest News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    Ɨ