Copper Mountain mine achieved record second quarter copper production

 Copper Mountain mine achieved record second quarter copper production  Web Site: www.CuMtn.com TSX: CUM  VANCOUVER, July 9, 2014 /CNW/ - Copper Mountain Mining Corporation (TSX: CUM)  (the "Company" or "Copper Mountain") announces production results for the  second quarter of 2014 from the Copper Mountain mine located in southern  British Columbia.  Copper production for the second quarter of 2014 totaled 19.9 million pounds  of copper, a 4% increase as compared to the first quarter of 2014, setting  another new production record for the mine.  The concentrate also included  5,000 ounces of gold and 113,300 ounces of silver.  During the quarter the  mill processed a total of 2.8 million tonnes of ore at an average grade of  0.388 % Copper.   During the quarter the mill achieved 90.2% availability and  averaged a total of 30,450 tpd throughput of which approximately 12,500 tpd of  the mill feed was crushed to minus two inches with the temporary secondary  crushing measures currently in place.  Mining activities continued to shift more towards Pit 3 during the quarter and  mining in the Pit 2 area was entirely focused on the southwest end of the Pit.   During the quarter a total of 17.1 million tonnes of material was mined,  including 4.6 million tonnes of ore and 11.5 million tonnes of waste. The  projected life of mine strip ratio is 2 to 1 but higher in the early years.   The mine moved an average of approximately 188,250 tonnes of material per day.  Copper production during the quarter was in line with guidance, however  shipment timing limited sales during the quarter.  During the second quarter  of 2014 the mine shipped 35,900 wmt of concentrate containing approximately  17.5 million pounds of copper, 5,900 ounces of gold, and 87,650 ounces of  silver generating an estimated US $62.7 million in gross revenue.  The next  ship planned is loading on July 10(th) with about 10,000 wmt of concentrate.  Conference Call Details: The Company will release its second quarter 2014  financial and operational results before market hours on Monday August 11,  2014.  A conference call and audio webcast will follow that same morning at  7:30 am (Pacific Standard Time) for management to discuss the results.  This  discussion will be followed by a question-and-answer period with investors.  Live Dial-in information Toronto and international:   416-764-8688 North  America (toll-free):    888-390-0546 To participate in the webcast live via  your computer go to: http://www.newswire.ca/en/webcast/detail/1384467/1535799  Replay call information Toronto and international: 416-764-8677,  passcode   129123 North America (toll-free):  888-390-0541,  passcode  129123 The  conference call replay will be available from 10:30  am (PST) on August 11 ,  2014, until 11:59 pm PST on August 25,  2014 Participant audio webcast will  also be available on the company's website  http://www.cumtn.com  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 start-up.  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 www.CuMtn.com.  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 www.sedar.com, 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@CuMtn.com or Rod Shier, Chief Financial Officer 604-682-2992 ext.222  Email: Rod@CuMtn.com; Website: www.CuMtn.com  To view this news release in HTML formatting, please use the following URL:  http://www.newswire.ca/en/releases/archive/July2014/09/c2051.html  CO: Copper Mountain Mining Corporation ST: British Columbia NI: MNG CONF  
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