Highland Valley Copper

We have a 97.5% interest in Highland Valley Copper, located in south central British Columbia near the city of Kamloops. Highland Valley Copper produces copper concentrates and is also a significant producer of molybdenum. In 2009, work continued on a two-phase mine expansion program that is expected to extend the life of the mine to 2020.

The mine is an open pit operation. The processing plant uses semi-autogenous grinding and flotation to produce metal in concentrate from the ore.

Concentrates are transported first by truck to Ashcroft and then by rail to customers in North America and to a port in Vancouver for export overseas, with the majority being sold under long-term sales contracts to smelters in several countries.

Last updated: March 2010