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Copper Mountain Mining: Achieves record quarterly production | Fintech InShorts: Latest fintech news, analysis by experts

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Copper Mountain Mining: Achieves record quarterly production

By Steve Sam

April 27, 2021

Copper Mountain Mining (C6C) has achieved a record quarterly production of 30.4 million ounces of copper equivalent for Q1 2021
Throughout the quarter, the company produced 25.5 million pounds of copper, 8187 ounces of gold and 160,484 ounces of silver
Average mill feed grade also increased to 0.42 per cent, up from 0.30 per cent in the prior corresponding period (pcp)
Exploration began at Copper Mountain’s namesake mine in Canada while its exploration team mobilised to site in Cloncurry, Queensland
Revenue totalled C$162.2 million (around A$167.3 million) for Q1, more than double the pcp
Copper Mountain has ended the day 8.06 per cent in the green with shares trading at $4.02

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