Copper Mountain production in line with expectations

The Copper Mountain mine, in southern British Columbia, performed in line with expectations in the quarter ended September 30, producing 18.3-million pounds of copper 7 500 oz of gold and 64 900 oz of silver.

The company has guided that the third-quarter copper production would be 10% lower than the second quarter, owing to lower copper grades being mined. Actual production was 8.5% lower than the second quarter, TSX- and ASX-listed Copper Mountain Mining reported on Thursday.