There is 3 x more copper wiring in electric vehicles. Copper Mountain is a copper-gold producer in BC partnered with Mitsubishi. With copper demand increasing, Copper Mountain is well positioned for the rising green economy.
Copper Mountain Mining Corporation (TSX: CMMC) is a Canadian based mining company whose flagship asset is the Copper Mountain mine located in southern British Columbia, near the town of Princeton. The Company has a strategic alliance with Mitsubishi Materials Corporation who own 25% of the mine. The Copper Mountain mine produces about 100 million pounds of copper equivalent production per year, including significant gold and silver credits, all of which are shipped to Japan for smelting in one of Mitsubishi’s copper smelters.
The 18,000 acre site has a large resource of copper that remains open laterally and at depth. The mine has significant exploration potential that is being explored over the next few years to fully appreciate the property’s full development potential.
We continue to focus on maximizing cash flow & minimizing costs.
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