Copper Mountain announces production results for 2012

Web Site:
VANCOUVER, Jan. 17, 2013 /CNW/ - Copper Mountain Mining Corporation (TSX: CUM) 
(the "Company" or "Copper Mountain") announces production results for the year 
ended December 2012 from the Copper Mountain mine located in southern British 
In 2012 the mine shipped approximately 59 million pounds of copper, 20 
thousand ounces of gold, and 402 thousand ounces of silver generating an 
estimated $247 million in gross revenue. Since the first shipment of 
concentrate in September 2011 the mine has continued to make one shipment per 
month to the smelters in Japan. The mine produced 57 million pounds of 
copper, 19 thousand ounces of gold, and 354 thousand ounces of silver during 
operations in 2012. The mill averaged 82% operating time for the year and 
milled a total of 9.4 million tonnes at an average grade of 0.343 % Copper. 
Mining activities continued from the Pit 2 and Pit 3 areas and averaged 
approximately 170,000 tonnes per day. During the 2012 year a total of 55 
million tonnes of material was mined, including 12.5 million tonnes of ore and 
42.5 million tonnes of waste. The projected life of mine strip ratio is 2 to 1 
but higher in the early years. 
Production guidance for 2013 was issued on December 21, 2012 as approximately 
80 million pounds of copper, 35 thousand ounces of gold, and 315 thousand 
ounces of silver. Site cash cost were estimated to be (incl. mining, 
milling, maintenance, admin, and engineering) of $1.25 - $1.30 per pound of 
copper produced net of precious metal credits. (Calculated based on $ 3.40/lb 
Cu, $1,500/oz Au and $28.50/oz Ag). Total cash costs (incl. site costs, 
smelting & refining, transportation, interest and taxes) were estimated to be 
between $1.80 - $2.00 per pound of copper produced net of precious metal 
From an operational point of view, mining will continue in both Pit 2 and Pit 
3 in 2013. Approximately 16 million tonnes of lower grade material will be 
stockpiled for processing towards the end of the mine life. 
About Copper Mountain Mining Corporation:
Copper Mountain's flagship asset is the 75% owned Copper Mountain mine located 
in southern British Columbia near the town of Princeton. The Company has a 
strategic alliance with Mitsubishi Materials Corporation who owns the 
remaining 25%. The Copper Mountain mine commenced production in the summer of 
2011, and has continued to improve its operations during the year; and 
attained design capacity in the summer of 2012. The 18,000 acre site has a 
resource of approximately 5 billion pounds of copper and remains open 
laterally and at depth. The mine has significant exploration potential that 
will need to be explored over the next few years to fully appreciate the 
properties full development potential. Additional information is available 
on the Company's web page at 
On behalf of the Board of 
"Jim O'Rourke" 
Jim O'Rourke, P.Eng.
Chief Executive Officer 
Note: This release contains forward-looking statements that involve risks 
and uncertainties. These statements may differ materially from actual future 
events or results. Readers are referred to the documents, filed by the 
Company on SEDAR at, specifically the most recent reports which 
identify important risk factors that could cause actual results to differ from 
those contained in the forward-looking statements. The Company undertakes no 
obligation to review or confirm analysts' expectations or estimates or to 
release publicly any revisions to any forward-looking statement. 
Galina Meleger, Corporate Communications 604-682-2992 ext.224 Email:Galina or Rod Shier, Chief Financial Officer 604-682-2992 ext.222 
SOURCE: Copper Mountain Mining Corporation 
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CO: Copper Mountain Mining Corporation
ST: British Columbia
-0- Jan/17/2013 13:30 GMT
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