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Stocks in play: Copper Mountain Mining Corporation

Baystreet.ca
·1 min read

Announced a new life of mine plan, which includes a proposed mill expansion to 65,000 tonnes per day for its 75% owned Copper Mountain Mine, located in southern British Columbia . The new life of mine plan increases Copper Mountain's after-tax Net Present Value (NPV) by over 60% to $1.0 billion U.S., on higher annual production and lower costs, when compared to the previously published 2019 Technical Report. The 65ktpd Expansion builds upon the 45ktpd mill expansion currently underway. Copper Mountain Mining Corporation shares T.CMMC are trading up $0.09 at $1.60.

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