Copper Mountain Mining Corp (TSX:CUM). is a Canadian based, high growth mining company focused on adding value through successful exploration, project development, efficient operations, and opportunistic acquisitions. Maintaining a low risk profile through project diversification, astute financial management and operating in secure jurisdictions are key priorities for Copper Mountain's Management team.
Fast track construction of the Copper Mountain mine, processing facilities and related infrastructure began in April of 2010. Development activities were completed by June 30, 2011. The Copper Mountain Mine is located 20 km south of Princeton BC, Canada and employs 360 workers. The Mine commenced production in the summer of 2011 and is planned to produce 105 million pounds of copper per year (for the first 12 years) plus precious metal credits.
The mine utilizes a conventional crushing, grinding, and flotation to produce copper concentrates with gold and silver credits. The mine processing plan focuses on processing the higher–grade ore in the first twelve years, with lower grade material being sent to stockpiles for blending and processing later in the mine's life. The facility is designed to operate 24 hours per day, 365 days per year with a 92% mechanical availability including pre–scheduled downtime for equipment maintenance.
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