Imperial to Add Seven Years to Huckleberry Mine
Investing News Network - November 22nd, 2011
Canadian Mining Journal reported that Imperial Metals (TSX:III) is increasing the mine life of its British Columbia-based Huckleberry mine by seven years.
Canadian Mining Journal reported that Imperial Metals (TSX:III) is increasing the mine life of its British Columbia-based Huckleberry mine by seven years.
As quoted in the market news:
The expansion has a net present value of $150 million at a discount rate of 8%. Imperial (50%) and its Japanese partners (50%) hope to receive permits for the MZO by the end of this year.