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Imperial Reports Mount Polley Production Update for 2025 Second Quarter
Globenewswireยท 2025-07-09 21:22
Production Overview - Imperial Metals Corporation reported quarterly production from the Mount Polley mine, achieving 9.496 million pounds of copper and 11,061 ounces of gold in Q2 2025, an increase from 9.281 million pounds of copper and 10,009 ounces of gold in Q2 2024 [1][2] - Mill throughput increased by 2.6% in Q2 2025, with 1.759 million tonnes treated compared to 1.714 million tonnes in Q2 2024, contributing to higher copper and gold production [3] Year-to-Date Performance - For the first half of 2025, copper production rose by 10.6% and gold production increased by 8.3% compared to the same period in 2024, driven by improvements in throughput, grades, and recoveries [4] Detailed Production Metrics - In Q2 2025, the ore milled was 1,759,093 tonnes, with a daily milling rate of 19,331 tonnes. The copper grade was 0.295%, and the gold grade was 0.286 g/t. Copper recovery was 83.0%, while gold recovery was 68.4% [5] - For the first six months of 2025, the total ore milled was 3,480,862 tonnes, with a copper grade of 0.288% and a gold grade of 0.280 g/t. The copper recovery was 83.2%, and the gold recovery was 69.1% [5] Mining Operations - Mining activities continued in the lower Springer Pit in Phase 4, with ongoing stripping for Phase 5 pushback on the east wall of the pit during the quarter [5] Company Profile - Imperial Metals Corporation is based in Vancouver and operates the Mount Polley mine (100% ownership), the Huckleberry mine (100% ownership), and holds a 30% interest in the Red Chris mine, along with a portfolio of 23 exploration properties in British Columbia [7]