Tuesday, July 03, 2012 5:24:26 PM
Copper Mountain Mining Corporation (CUM.TO) announced that they have begun processing ore at their Copper Mountain project in British Columbia. The 18,000 acre mine site is expected to yield approximately 1.5 billion pounds of copper, 450,000 ounces of gold, and 4.5 million ounces of silver over its lifetime, at an operating cost of approximately $1.30 per pound of copper. The project, which is proceeding according to schedule, started processing ore in June of this year. At full production, the Copper Mountain project will be the 3rd largest copper mine in Canada and the first major copper mine to commence production in British Columbia in over a decade
(IMO) Sometimes I'm to the point, and sometimes I'm out in left field. JMHO
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