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Imperial suspends Mount Polley mine operations

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Global Mining Review,

Imperial Metals Corporation reports that due to declining copper prices, operations at the Mount Polley mine will be suspended.

The suspension plan includes milling of low grade stockpiles which is targeted to extend operations to the end of May 2019. There will be no impact to the mine’s ongoing environmental monitoring and remediation programme. Full operations will resume once the economics of mining at Mount Polley improve.

Mount Polley mine is located in south-central British Columbia, 56 km northeast of Williams Lake. The Mount Polley mine is owned and operated by Mount Polley Mining Corporation, a subsidiary of the company.

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Copper mining news Canadian mining news