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Update: Imperial Metals Up 1.9% as Q2 Copper and Gold Production Rises QoQ
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Update: Imperial Metals Up 1.9% as Q2 Copper and Gold Production Rises QoQ
Jul 25, 2024 8:58 AM

11:37 AM EDT, 07/25/2024 (MT Newswires) -- Imperial Metals ( IPMLF ) on Wednesday said second-quarter copper and gold production from its Mount Polley and Red Chris mines in British Columbia rose over the prior quarter.

The company produced 15.5 million pounds of copper, up 26% from the first quarter and 13,768 ounces of gold, up 7%.

The Mount Polley mine contributed 9.3 million pounds of copper and 10,009 ounces of gold, compared to 7.4 million pounds of copper and 10,009 ounces of gold in the first quarter.

Imperial's 30% share of Red Chris mine production contributed 6.2 million pounds of copper and 3,759 ounces of gold. On a 100% basis, the mine produced 20.7 million pounds of copper and 12,531 ounces of gold, compared to 16.7 million pounds of copper and 9,507 ounces of gold in the first quarter.

Imperial shares were last seen up $0.04 to $2.11 on the Toronto Stock Exchange.

Price: 2.11, Change: +0.04, Percent Change: +1.93

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