Breaking News

U.S. Official Says JPMorgan, Four Other Banks Hit By Hackers

Copper Mountain Updates Construction Progress on Secondary Crusher

 Copper Mountain Updates Construction Progress on Secondary Crusher  Web Site: TSX: CUM  VANCOUVER, March 25, 2014 /CNW/ - Copper Mountain Mining Corporation (TSX:  CUM) (the "Company" or "Copper Mountain") announces that construction of the  new permanent secondary crusher at the Copper Mountain mine located in  southern British Columbia continues to move forward as planned and on  schedule.  Purchase orders for all of the major mechanical and electrical  components have been placed.  The main components of the crusher have arrived  in Canada and have been transported via rail to Kamloops, BC where they are  being prepared for transportation by a specialized truck to the mine site.   The lower bowl assembly is the largest component piece of the crusher and  weighs over 100 tonnes.  Due to its size and weight special road permits were  provided by the Department of Transportation in a timely manner to meet the  schedule for the highway transportation to the mine site. These permits were  received early last week and the lower bowl assembly has now been transported  to the mine site.  The Company engaged Nickel Bros Heavy Lifting and  Transportation to complete this leg of the transportation which entailed  closing the main highway between Kamloops and Princeton in 20km sections as  the convoy moved down the road.  It took four nights to make the 200 kilometer  trip, because the transportation had to occur between midnight and 5 am each  night to minimize traffic disruptions along the route.  This crusher will be the largest cone crusher installed in western Canada and  has the ability to crush the 6 inch rock from the primary crusher down to 2  inches in size. The new crushing facility is designed to operate at a rate of  2,800 tpoh and is designed to meet the most demanding and high tonnage  applications.  Foundation work for the Crusher Slab is complete and it is  being prepared for placement of the newly arrived lower bowl assembly.  Once  the lower bowl assembly is installed, building contractors will be mobilized  to start the building erection. Following the building erection, the new  conveyor system installation will commence in the spring time.  The total cost  of construction for the secondary crusher facility is estimated to be $40  million and construction is expected to be completed by mid-summer.  Once  installed, 100% of the mill feed will be sized to the 2 inch range, which will  allow the mill to operate consistently at or above design capacity rates of  35,000 tpd.  The short term mitigating measures implemented in 2013 to increase mill  throughput continue to be successful with January and February's operational  results being in line with the production expectations.  About Copper Mountain Mining Corporation: Copper Mountain's flagship asset is the 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 25% of the  mine. The Copper Mountain mine commenced production in the summer of 2011 and  has continued to improve its operations since startup. The 18,000 acre site  has a large resource of copper that 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 site at  On behalf of the Board of COPPER MOUNTAIN MINING CORPORATION  "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    SOURCE  Copper Mountain Mining Corporation  Galina Meleger, Corporate Communications 604-682-2992 ext.224 Email:Galina or Rod Shier, Chief Financial Officer 604-682-2992 ext.222  PDF available at:  To view this news release in HTML formatting, please use the following URL:  CO: Copper Mountain Mining Corporation ST: British Columbia NI: MNG FIN NP  
Press spacebar to pause and continue. Press esc to stop.