Imperial Metals Corporation reports that its second-quarter production numbers at the Mount Polley Mine are up compared to the same time last year.
The second-quarter report, which ended on June 30, states that Mount Polley’s production is up 2.6 percent in ore mill throughput from last year.
In copper, Mount Polley has produced 9.496 million pounds of copper and 11,061 ounces of gold in the second quarter. Bringing the Mine’s totals to 18.4 million pounds of copper and 21,682 ounces of gold after the first six months of 2025.
Comparing this to after the first six months of 2024, where the Mine produced 16.63 million pounds of copper and 20,018 ounces of gold, President of Imperial Metals, Brian Kynoch, says the Mine is “well on its way” to reach its year-end targets for 2025.
“Our target is between 25 million to 27 million pounds of copper and 35,000 to 40,000 ounces of gold. We do expect the grades to drop a bit as the year goes on. We knew the first half of the year would be better than the second.”
How the mining sector across the province and nation is affected and responds to the proposed 25 to 50 per cent tariffs imposed by United States President Donald Trump, in his global trade war to broker new trade deals, remains a big question.
However, Kynoch says Mount Polley production and selling may not be as directly affected by the tariffs as the Mine deals with copper concentrate, not strictly copper, and most of the Mine’s business is in Asia.
“Historically, and right now, Mount Polley’s concentrates go to Japan, China, and other Asian countries,” says Kynoch. “What impact these tariffs have indirectly, that remains to be seen. But it looks not to have a direct impact because we deal with copper concentrate, and this copper doesn’t go to the United States.”
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