financetom
Business
financetom
/
Business
/
Imperial Metals Posts Higher Third-quarter Production at Red Chris Mine
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Imperial Metals Posts Higher Third-quarter Production at Red Chris Mine
Oct 23, 2025 2:37 PM

05:25 PM EDT, 10/23/2025 (MT Newswires) -- Imperial Metals ( IPMLF ) , after trade Thursday, reported higher third-quarter copper and gold output from the Red Chris mine in northwest British Columbia, in which it owns a 30% stake.

The company said that for the quarter, total mine production was 20.9 million pounds of copper and 21,660 ounces of gold, up from 19 million pounds of copper and 13,414 ounces of gold a year earlier.

Imperial's share of Q3 production from Red Chris was 6.27 million pounds of copper and 6,498 ounces of gold, according to the statement.

The company said that copper production rose 10% year over year, driven by higher copper grades, while gold production jumped 61% due to stronger grades and improved recovery.

The company also said that work on the feasibility study for the Block Cave mine is progressing, with a potential investment decision expected next year, pending required approvals and permits. "Underground activities related to the project advancement will recommence once all investigations are complete and recommendations implemented, following the fall of ground incident and safe recovery of all workers in July."

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Hang Feng Technology Innovation Co., Ltd. Announces Closing of Full Exercise of Underwriters’ Over-Allotment Option
Hang Feng Technology Innovation Co., Ltd. Announces Closing of Full Exercise of Underwriters’ Over-Allotment Option
Sep 16, 2025
Hong Kong, Sept. 16, 2025 (GLOBE NEWSWIRE) -- Hang Feng Technology Innovation Co., Ltd. ( FOFO ) (the “Company” or “Hang Feng”), a Hong Kong-based company providing comprehensive corporate management consulting and asset management services, today announced the underwriters of its initial public offering (the “Offering”) have exercised in full their option to purchase an additional 206,250 ordinary shares at...
Workday Acquires AI Startup Sana For $1.1 Billion
Workday Acquires AI Startup Sana For $1.1 Billion
Sep 16, 2025
Workday Inc. ( WDAY ) said on Tuesday that it has entered into a definitive agreement to acquire Sana, an artificial intelligence company that builds next-generation enterprise knowledge tools. The company said Sana’s technology will power a new Workday experience that integrates knowledge, data, actions and learning into a single interface. Sana will continue to develop its Sana Learn and...
DEKRA Grows Automotive Wireless Testing Capabilities with Acquisition of Wireless Approval Consultants
DEKRA Grows Automotive Wireless Testing Capabilities with Acquisition of Wireless Approval Consultants
Sep 16, 2025
Plymouth, MI, Sept. 16, 2025 (GLOBE NEWSWIRE) -- DEKRA, a global leader in testing, inspection, and certification, announced today the acquisition of Wireless Approval Consultants (WAC), a trusted radio frequency (RF) certification partner serving Tier 1 suppliers and OEM manufacturers in the metropolitan region and throughout the global automotive supply chain.   This acquisition reinforces DEKRA’s strategic growth in Michigan,...
D-ID Announces simpleshow Acquisition to Create a Digital Human and AI Video Powerhouse
D-ID Announces simpleshow Acquisition to Create a Digital Human and AI Video Powerhouse
Sep 16, 2025
The joint company will serve 1,500+ large enterprise customers worldwide, hundreds of which are Fortune companies, with the world's most advanced AI-driven video-creation and corporate communication platform. NEW YORK, Sept. 16, 2025 /PRNewswire/ -- D-ID, the leading platform for the generation of digital humans, today announced its acquisition of AI video pioneer simpleshow for an undisclosed amount. Operating under the...
Copyright 2023-2025 - www.financetom.com All Rights Reserved