Imperial Metals Corporation, a mining company, engages in the acquisition, exploration, development, mining, and production of base and precious metals in Canada. It holds 100% interests in the Mount Polley copper-gold mine that includes seven mining leases and 50 mineral claims covering an area of 23,369 hectares located in south-central British Columbia; and the Huckleberry copper mine, which comprises two mining leases and 49 mineral claims covering an area of 25,767 hectares situated in west-central British Columbia. The company also holds a 30% interest in the Red Chris copper-gold mine located in northwest British Columbia. In addition, it holds a 100% interest in the Ruddock Creek lead-zinc property in British Columbia, as well as a portfolio of 23 greenfield exploration properties in British Columbia. Imperial Metals Corporation was incorporated in 1959 and is headquartered in Vancouver, Canada.

Imperial Metals Corporation

Imperial Metals is a British Columbia explorer, developer and mining operator.Our history dates back to December 1959 when Imperial Metals & Power Ltd. was incorporated in British Columbia. Over the past six decades, Imperial has undergone several transitions to become the Company we are today. In 1995 Imperial merged with Bethlehem Resources Corporation, in 2002 the Company completed a corporate reorganization and divested its oil and gas assets with a renewed focus on base metals, and in 2007 the Company acquired the Red Chris project.In March 2019 Imperial embarked on a major new transition with an agreement to sell a 70% interest in the Red Chris asset to Newcrest Mining Limited. On August 15, 2019, the Company and Newcrest announced completion of the transaction, and that they have formed a joint venture for the operation of the Red Chris mine. Newcrest is the operator of the mine, and Imperial retains a 30% joint venture interest.Imperial is well positioned to benefit from a strong copper market with 43-101 supported measured and indicated copper resources of about 5 billion pounds. We remain focused in British Columbia, where we have worked with local communities, First Nations partners, and our province for decades. We plan to be a key part of British Columbia’s post pandemic economic recovery and we look forward to reopening Mount Polley and Huckleberry in the near future.

Edco Financial Holdings

Fairholme Partnership

Williams Lake First Nation and Imperial Metals renew participation agreement over Mount Polley Mine

https://lnkd.in/d_Sn9uEZ

#reconciliation #mining #minex #Indigenous #stewarship

Imperial Celebrates Renewed Participation Agreement. Brian Kynoch, President of Imperial Metals Corporation, expressed his thanks to Williams Lake First Nation. Chief Willie Sellars and his team for their ongoing support of the Mount Polley project and added, “Imperial and Mount Polley are committed to a respectful working relationship with the Williams Lake First Nation.

Chief Willie Sellars stated, “We’ve had a positive working relationship with Mount Polley Mining Corporation for over a decade and this has allowed us to navigate some very challenging times. We’re grateful to conclude this revised agreement and look forward to working together cooperatively for the remaining life of the mine.”

https://lnkd.in/grgm2Spf

Mount Polley Mining Corporation and Williams Lake First Nation partner on job event - Mine ramping back up, looking for hundreds of workers. #mining #minex 

https://lnkd.in/gFJ4QYVK

Mount Polley mine ramping up for spring restart. Hundreds of workers who worked at the Mount Polley copper mine near Williams Lake are being recalled and new ones being recruited, as the mine ramps up for a spring restart, buoyed by high copper prices. #mining #minex #bc #jobs #copper 


https://lnkd.in/gfiJ_iTc

Industrial Update: Remediation is now complete at Mount Polley.
Environmental monitoring of the Mount Polley will continue for the life span of the mine. #mining #environmental #remediation 

https://lnkd.in/gpMHf-GB

Imperial Metals Corporation acknowledges the recent ruling of the Engineers and Geoscientists British Columbia (the business name of the Association of Professional Engineers and Geoscientists BC) regarding disciplinary proceedings associated with the conduct of engineers associated with the Mount Polley tailings dam breach. Imperial Metals notes that the engineers in question did not work for Mount Polley Mining Corporation or Imperial Metals. At the time, the engineers were employed by an internationally recognized consulting and engineering company working under contract to the mine.
 
The conclusion of the disciplinary investigation by the Engineer and Geoscientists of BC and be found at this link:

https://lnkd.in/gP7kcync

#mining #minex #bc

Mining company makes $24M deal with B.C., advocates, to surrender claims between 2 provincial parks #mining #minex #bcnews

https://lnkd.in/g22MTea5

Imperial Acquires Mineral Claims Expanding its Sustut Property. #mineralexploration #mining 

https://lnkd.in/gKJD3GVS

Update from Red Chris and Mount Polley. As reported in Junior Mining Network. #mining #miningnews #miningindustry #britishcolumbia 

https://lnkd.in/gzFg2sBF

	Dec '13	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
revenue	187.81M -	130.91M 30.30%	128.70M 1.69%	428.22M 232.72%	453.11M 5.81%	360.17M 20.51%	71.82M 80.06%	148.10M 106.20%	133.59M 9.79%	172.80M 29.35%	344.45M 99.34%
cost of revenue	123.55M -	90.67M 26.61%	140.18M 54.60%	400.29M 185.57%	433.63M 8.33%	393.18M 9.33%	78.39M 80.06%	127.47M 62.61%	123.16M 3.38%	201.52M 63.62%	364M 80.63%
gross profit	64.26M -	40.24M 37.38%	-11.47M 128.51%	27.93M 343.38%	19.48M 30.25%	-33.00M 269.44%	-6.57M 80.10%	20.63M 414.01%	10.43M 49.44%	-28.72M 375.38%	-19.55M 31.94%
selling and marketing expenses											7.68M -
general and administrative expenses	6.87M -	11.92M 73.46%	20.62M 72.97%	5.14M 75.07%	9.62M 87.06%	9.84M 2.29%	20.98M 113.29%	26.28M 25.24%	40.62M 54.59%	75.58M 86.07%	4.18M 94.47%
selling general and administrative expenses	6.87M -	11.92M 73.46%	20.62M 72.97%	5.14M 75.07%	9.62M 87.06%	9.84M 2.29%	20.98M 113.29%	26.28M 25.24%	40.62M 54.59%	75.58M 86.07%	11.86M 84.31%
research and development expenses
other expenses	64K -	-534K 934.38%	-2.52M 372.10%	1.10M 143.63%	-251K 122.82%	19K 107.57%	2.63M 13,731.58%	2.76M 5.18%	3.11M 12.52%	4.04M 30%	1K 99.98%
cost and expenses	130.82M -	171.31M 30.95%	161.51M 5.72%	406.69M 151.80%	451.53M 11.03%	406.46M 9.98%	102.00M 74.91%	156.51M 53.44%	166.89M 6.63%	281.14M 68.46%	375.86M 33.69%
operating expenses	7.28M -	80.65M 1,007.95%	21.34M 73.54%	6.39M 70.04%	17.90M 179.93%	13.28M 25.77%	23.61M 77.73%	29.04M 23.00%	43.73M 50.59%	79.63M 82.08%	11.86M 85.11%
interest expense	515K -	1.97M 283.30%	38.58M 1,854.15%	70.24M 82.09%	75.52M 7.52%	78.42M 3.84%	46.27M 41.00%	1.36M 97.07%	1.50M 10.24%	8.92M 495.93%	31.33M 251.22%
ebitda	84.59M -	-20.90M 124.71%	-5.99M 71.36%	92.73M 1,648.81%	84.16M 9.24%	29.08M 65.44%	-10.41M 135.79%	32.66M 413.84%	8.07M 75.31%	-67.36M 935.15%	22.23M 133.00%
operating income	57.23M -	33.88M 40.79%	-18.98M 156.01%	21.46M 213.09%	15.22M 29.09%	-46.29M 404.14%	-30.34M 34.46%	-7.62M 74.87%	-32.89M 331.36%	-107.31M 226.28%	-31.40M 70.73%
depreciation and amortization	18.91M -	19.28M 1.96%	32.38M 67.93%	81.39M 151.33%	83.22M 2.25%	75.04M 9.83%	19.93M 73.44%	40.29M 102.15%	40.95M 1.65%	39.94M 2.47%	53.63M 34.27%
total other income expenses net	7.00M -	-1.41M 120.09%	-46.52M 3,210.68%	-8.62M 81.47%	140.33M 1,728.38%	-39.26M 127.97%	-37.97M 3.29%	-1.24M 96.73%	2.27M 282.37%	18.52M 717.53%	-30.75M 266.08%
income before tax	63.76M -	-43.67M 168.49%	-117.90M 170.00%	-57.27M 51.42%	66.56M 216.21%	-163.66M 345.88%	-68.31M 58.26%	-8.87M 87.02%	-30.62M 245.39%	-88.79M 189.95%	-62.16M 30.00%
income tax expense	22.80M -	-6.38M 127.99%	-20.94M 228.07%	-3.19M 84.74%	-10.55M 230.33%	-38.06M 260.64%	-28.04M 26.33%	-3.97M 85.83%	-4.55M 14.54%	-12.81M 181.48%	-25.44M 98.56%
net income	40.95M -	-37.28M 191.04%	-96.96M 160.05%	-54.08M 44.22%	77.11M 242.59%	-125.59M 262.87%	-40.27M 67.94%	-4.89M 87.85%	-26.07M 432.91%	-75.97M 191.43%	-36.72M 51.67%
weighted average shs out	76.44M -	76.59M 0.20%	79.23M 3.45%	82.63M 4.29%	95.35M 15.39%	120.15M 26.02%	128.57M 7.01%	129.80M 0.95%	135.22M 4.18%	148.45M 9.78%	157.23M 5.92%
weighted average shs out dil	77.32M -	76.59M 0.95%	79.23M 3.45%	82.63M 4.29%	95.35M 15.39%	120.15M 26.02%	128.57M 7.01%	129.80M 0.95%	135.22M 4.18%	148.45M 9.78%	157.23M 5.92%
eps	0.54 -	-0.49 190.74%	-1.22 148.98%	-0.65 46.72%	0.81 224.62%	-1.05 229.63%	-0.31 70.48%	-0.04 87.84%	-0.19 403.98%	-0.51 168.42%	-0.23 54.90%
epsdiluted	0.53 -	-0.49 192.45%	-1.22 148.98%	-0.65 46.72%	0.81 224.62%	-1.05 229.63%	-0.31 70.48%	-0.04 87.84%	-0.19 403.98%	-0.51 168.42%	-0.23 54.90%

COM:IMPERIALMETALS

Imperial Metals Corporation

Last Close

2.05

22/11 21:00

Market Cap

349.64M

Beta: -

Volume Today

41.53K

Avg: -

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