View full page at metalsmine.com

 

Copper Mountain exceeds revised operating plan during second quarter

From miningweekly.com

TSX- and ASX-listed Copper Mountain Mining has exceeded its revised operating plan announced on March 10, with second quarter production of 23.9-million pounds of copper equivalent, comprising of 18.1-million pounds of copper, 7 499 oz of gold and 86 126 oz of silver. The copper miner also managed to reduce its second quarter cash cost to $1.48/lb, compared with $1.74/pound achieved in the same period of 2019.All-in sustaining costs (AISC) for producing copper reduced $1.67/lb in the quarter, from pared to $1.85/lb achieved in the corresponding period of 2019. The miner increased its second quarter revenue to ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis