Copper Mountain hits lower-end of guidance

British Columbia copper producer Copper Mountain has hit the lower-end of its 2017 guidance and expects a 27% year-on-year price improvement to bode well for the full-year financial results, which it plans to release on February 20. In the fourth quarter of 2017, the Copper Mountain mine's mill throughput averaged 40 130 t/d, producing 22.3-million pounds of copper equivalent, including 19.5-million pounds of copper plus gold and silver credits, for a 2017 total of 88.3-million pounds of copper equivalent.