Replies to post #85753 on Savvy Trades and Investments

[researcher59]

CPPMF aims to triple copper production over the next 5 years -

Copper Mountain Mining Corp. priced $250 million in five-year senior secured
notes in the Nordic bond market.
The bonds will mature in April 2026 and bear interest at 8% a year, the
copper producer said Tuesday.
The company expects to use the net proceeds to refinance its existing debt
so it can use its excess free cash flow to fund projects at its Copper
Mountain Mine in Canada and the Eva Copper Project in Australia.
"Our plan is to make a construction decision on Eva by the end of 2021,"
said President and Chief Executive Gil Clausen.
"The Company's vision is to triple copper production from 2020 production
levels within five years and do so in a low risk, financially sound manner,"
Mr. Clausen said.
Copper Mountain produced 77.6 million pounds of copper in 2020, exceeding
its guidance of 70 million to 75 million pounds.