Imperial Metals Corp. reports financial results for the three months ended March 31, 2020, as summarized in this release and discussed in detail in the Management’s Discussion & Analysis. The Company’s financial results are prepared in accordance with International Financial Reporting Standards. The reporting currency of the Company is the Canadian [...]
Imperial Metals Corp. reports Red Chris metal production for the first quarter of 2020 was 22.5 million pounds copper and 17,427 ounces gold, up from 21.7 million pounds copper and 12,155 ounces gold in the fourth quarter of 2019. Imperial’s 30% portion of the first quarter production was 6.7 million pounds copper and 5,228 ounces gold. Exploration [...]
Imperial Metals Corp. announces the Toronto Stock Exchange has accepted the Company’s Notice of Intention to make a Normal Course Issuer Bid to be transacted through the facilities of the TSX or alternative Canadian market places. Pursuant to the Bid, the Company may purchase up to 642,451 common shares, which represents 0.50% of the total [...]
Imperial Metals Corp. reports financial results for its fiscal year ended December 31, 2019. Select Annual Financial Information Years Ended December 31 expressed in thousands, except share and per share amounts 2019 2018 2017 Continuing Operations: Total revenues $ 71,823 $ 104,437 $ 164,021 Net income $ $ $ 42,891 Net income per share $ $ $ 0.45 [...]
Imperial Metals Corp. reports partial results from a drill hole located in the deep East zone at the Red Chris mine, and updates on drill programs by Newcrest, operator of the Red Chris Joint Venture. There are two drilling campaigns presently underway at Red Chris. The first is the East Zone Resource Definition Programme which is designed to [...]
Imperial Metals Corp. reports the 2019 metals production at the Red Chris mine was 71.9 million pounds copper, 36,471 ounces gold, and 133,879 ounces silver. Red Chris production for the fourth quarter of 2019 was 21.7 million pounds copper, 12,155 ounces gold, and 45,508 ounces silver. These results represent 100% of production at Red Chris. All [...]
Imperial Metals Corp. reports results from the 2019 diamond drill program completed at the Ruddock Creek Project. The program consisted of 17 drill holes totaling 8,802.1 metres targeting the V Zone and the Q Zone . Drilling was conducted from a combination of helicopter support and road accessible drill pads. Highlights include drill hole [...]
Imperial Metals Corp. reports financial results for the three and nine months ended September 30, 2019, as summarized in this release and discussed in detail in the Management’s Discussion & Analysis. The Company’s financial results are prepared in accordance with International Financial Reporting Standards. The reporting currency of [...]
Imperial Metals Corp. reports production at the Red Chris mine for the 2019 third quarter was 19.5 million pounds copper and 8,419 ounces gold. These results represent 100% of production at Red Chris. Copper and gold production were up 11% in the third quarter compared to the second quarter of 2019. Mill throughput for the quarter averaged 30,568 [...]
Imperial Metals Corp. confirms that it has received the sales proceeds of approximately US$775 million related to the sale of a 70% interest in the Red Chris mine as announced on August 15, 2019. Proceeds from the sale transaction were utilized to repay debt as follows: Senior secured revolving credit facility of $200 million Second lien secured [...]
Imperial Metals Corp. announces the closing of the previously announced sale of a 70% interest in its Red Chris copper and gold mine in British Columbia, Canada to Newcrest Mining Ltd. for a final purchase price of US$804 million subject to debt and working capital adjustments. Inclusive of the near term settlement of some of these adjustments [...]
Imperial Metals Corp. reports financial results for the three and six months ended June 30, 2019, as summarized in this release and discussed in detail in the Management’s Discussion & Analysis. The Company’s financial results are prepared in accordance with International Financial Reporting Standards. The reporting currency of the [...]
