Imperial Metals Corporation

Overview

Imperial is a British Columbia explorer, developer and mining operator.


Our history in the mining industry began in December 1959 when Imperial Metals & Power Ltd. was incorporated in British Columbia. Over the past five decades, the Company has undergone a number of transitions to become the Company we are today. The most pivotal was in 1995 when Imperial merged with Bethlehem Resources Corporation. This merger set the Company on a new path, bringing together our current team under the direction of Brian Kynoch. Our management team has worked together for 20+ years, and has been involved in construction and/or operation of seven mines, the majority in British Columbia. Since 1994, Murray Edwards has been the Company's largest shareholder and an important component of our growth and development.

Our expertise and focus is on base and precious metals. The majority of our operations and exploration projects are in British Columbia, Canada. We own and operate the Red Chris mine (which commenced commissioning in late 2014), the Mount Polley mine, and have a 50% interest in both the Huckleberry mine and the Ruddock Creek project. We also control a portfolio of exploration properties throughout the Province. Our sole active project outside of Canada is the Sterling mine in Nevada.

Corporate Philosophy

  • regional expertise and focus in British Columbia
  • integration of exploration, development and operations to minimize risks and maximize value
  • generate working capital from internal cash flow and as necessary, project debt financing
  • focus on maintaining ownership of core assets - own what we operate

Objectives for 2015

  • complete commissioning and achieve commercial production at Red Chris mine
  • continued restoration and rehabilitation of areas affected by Mount Polley breach
  • commence modified operations of Mount Polley mine
  • continue exploration and permitting to advance Ruddock Creek mine development
  • complete permitting and commence open pit development at Sterling mine
  • initiate property wide exploration of Sterling property

Accomplishments in 2014

  • completed Red Chris debt financing
  • completed construction of Iskut extension (to the Northwest Transmission Line) and connection to Red Chris site
  • completed construction of Red Chris mine
  • commenced commissioning of the Red Chris mill
  • significant advancement of restoration and rehabilitation of the Mount Polley site
  • continued environmental assessment permitting of the Ruddock Creek project
  • engineering and permitting for an open pit mine and a new heap leach pad at Sterling mine
  • normalize operations following brief mechanical shutdown at Huckleberry mine


Updated: Apr | 2015