Copper Mountain weathers the storm in BC

While some of its contemporaries in British Columbia are reporting varied results, Copper Mountain Mining has confirmed positive news from the recent heavy rains, flooding and mudslides in the region: that its flagship operation suffered no material impacts.

The Vancouver-based miner said it did see temporary road closures on its mine trucks’ route from the mine to the Port of Vancouver, where it transports its concentrate, but there were also no impacts to its shipments.

Officials are watching the situation closely, the company said.

Other miners have reported varied outcomes from the hazardous weather; Teck, for example, has cut back on its sale estimates for the fourth quarter due to rail disruptions in the region. Golden Dawn is on par with the results from Copper Mountain and said in late November that it, too, saw no material impacts to its core assets.

Sources: Copper Mountain Mining, Reuters and Golden Dawn Minerals

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