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CPPMF vs. ETF Alternatives
Wednesday, Apr 93:09 PM
Wednesday, Apr 93:09 PM| Comment!
- Copper Mountain Mining (CPPMF +5.9%) says Q1 production at its Copper Mountain mine in British Columbia rose 34% Y/Y to 19.1M lbs. of copper, a new record and in line with guidance despite some unscheduled down time in March resulting from a ball mill transformer failure; the concentrate also included 5,400 oz. of gold and 105.3K oz. of silver.
- During the quarter, the mill processed a total 2.6M metric tons of ore at an average grade of 0.394% copper.
- It's the sixth consecutive quarter of production growth for the miner.
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