Imperial Metals New (IPMLF) 10.4000 $IPMLF
Imperial Reports 2015 First Quarter Financial Results
Marketwired - Fri May 15, 8:06PM CDT
Imperial Metals Corporation (the "Company"
(TSX: III) reports comparative financial results for the first quarter period ended March 31, 2015. Revenues were $1.5 million in the March 2015 quarter compared to $51.3 million in the 2014 comparative quarter. Variations in revenue are impacted by the timing and quantity of concentrate shipments, metal prices and exchange rate, and period end revaluations of revenue attributed to concentrate shipments where the copper price will settle at a future date. The revenue in the current quarter represents primarily gold sales from the Sterling gold mine. The decrease in revenue in the March 2015 quarter from the 2014 comparative quarter is due to the absence of concentrate sales from the Mount Polley mine due to suspension of operations on August 4, 2015 as a result of the tailings dam breach. There were two concentrate shipments in the March 2014 comparative quarter from the Mount Polley mine.
III.TO: 12.81 (+0.46)
Eastfield Resources Signs Letter of Intent on Indata Gold-Copper Property, BC
ACCESSWIRE - Mon Apr 13, 8:26AM CDT
VANCOUVER, BC / ACCESSWIRE / April 13 2015 / Eastfield Resources Ltd. ("Eastfield" (TSX-V: ETF) announces it has signed a letter of intent ("LOI" to grant Rise Resources Inc. ("Rise" (OTCMKTS: RYES) an option to earn an interest on the Indata project located approximately 130 kilometres northwest of Fort St. James in central British Columbia. The option allows Rise to earn an initial 60% interest by paying $350,000 and completing exploration expenditures of $2,000,000 over a four year period. Rise may earn a further 15% (75% total) by paying a further $100,000 and completing a feasibility study.
ETF.VN: 0.040 (unch)
Imperial Reports 2014 Financial Results
Marketwired - Tue Mar 31, 6:09PM CDT
Imperial Metals Corporation (the "Company" (TSX: III) reports financial results for its fiscal year ended December 31, 2014(i). The Company incurred a net loss for the year ended December 31, 2014 of $37.3 million ($0.50 per share) compared to net income of $41.0 million ($0.55 per share) in 2013. The variation in net income in 2014 compared to 2013 is largely attributable to the reduction in metals production and remediation costs of $67.4 million related to the Mount Polley tailings dam breach. In addition to variances in revenues and income from mine operations described above, variations in net income period over period are also impacted by movements in foreign exchange and realized and unrealized gains and losses on derivative instruments and taxes.
III.TO: 12.81 (+0.46)
Imperial Metals Corporation: Red Chris Mine Begins Trucking Concentrate
Marketwired - Mon Mar 02, 6:09PM CST
Imperial Metals Corporation (TSX: III) announces that the Red Chris mine trucked its first shipments of copper concentrate to the Port of Stewart, BC on February 27, 2015.
III.TO: 12.81 (+0.46)
A Mixed Bag For Imperial Metals
Itinerant - at Seeking Alpha - Tue Feb 24, 1:37PM CST
Imperial Metals Corporation: First Production of Copper Concentrate at Red Chris Mine
Marketwired - Tue Feb 17, 6:37PM CST
Imperial Metals Corporation (TSX: III) announces the commissioning of the Red Chris mill is progressing well. Both the SAG and ball mill drive systems have been operated at 100% load factors. As a result, the flotation circuits and secondary regrind mill are being commissioned with low grade ore, resulting in the first production of copper concentrate.
III.TO: 12.81 (+0.46)
Imperial Initiates Testing of the Grinding Circuit at the Red Chris Mine
Marketwired - Fri Feb 06, 4:42PM CST
Imperial Metals Corporation (TSX: III) reports that the necessary approvals were received to commence commissioning of the processing plant at the Red Chris mine on February 2, 2015.
III.TO: 12.81 (+0.46)
Imperial Metals Provides Update
Marketwired - Tue Feb 03, 8:34PM CST
Imperial Metals Corporation (the "Company" (TSX: III) -
III.TO: 12.81 (+0.46)
Imperial Metals Corporation: Report by the Mount Polley Independent Expert Engineering Investigation and Review Panel
Marketwired - Fri Jan 30, 6:16PM CST
Imperial Metals Corporation (TSX: III)
III.TO: 12.81 (+0.46)
Imperial Reports 2014 Production
Marketwired - Mon Jan 26, 3:36PM CST
Imperial Metals Corporation (TSX: III) reports its 2014 annual base and precious metals production from Mount Polley, Huckleberry and Sterling mines was 41.5 million pounds copper, 33.0 thousand ounces gold and 166.4 thousand ounces silver. Production in 2014 was impacted by the interruption of Huckleberry operations due to a SAG mill bull gear failure on February 26, and the suspension of Mount Polley operations due to the tailings dam breach on August 4. The production represents 97.6%, 92.8% and 102.6% respectively of the targeted copper, gold and silver production reported in the Management's Discussion & Analysis in the third quarter report.
III.TO: 12.81 (+0.46)
Imperial Announces New $50 Million Credit Facility
Marketwired - Mon Jan 19, 3:16PM CST
Imperial Metals Corporation (TSX: III) reports it has completed a new $50 million revolving second lien secured credit facility ("the Credit Facility" with the Bank of Montreal maturing on April 1, 2017. The terms and conditions of the Credit Facility are modelled after the $200 million senior secured credit facility completed by the Company on March 12, 2014, adjusted to reflect the second lien. Edco Capital Corporation ("Edco", a company controlled by Mr. N. Murray Edwards, a significant shareholder of the Company, has guaranteed the Credit Facility. As consideration for the guarantee Edco will receive an annual fee of 2% of the loan amount payable monthly.
III.TO: 12.81 (+0.46)
Imperial Reports 2015 First Quarter Financial Results
Marketwired - Fri May 15, 8:06PM CDT
Imperial Metals Corporation (the "Company"
(TSX: III) reports comparative financial results for the first quarter period ended March 31, 2015. Revenues were $1.5 million in the March 2015 quarter compared to $51.3 million in the 2014 comparative quarter. Variations in revenue are impacted by the timing and quantity of concentrate shipments, metal prices and exchange rate, and period end revaluations of revenue attributed to concentrate shipments where the copper price will settle at a future date. The revenue in the current quarter represents primarily gold sales from the Sterling gold mine. The decrease in revenue in the March 2015 quarter from the 2014 comparative quarter is due to the absence of concentrate sales from the Mount Polley mine due to suspension of operations on August 4, 2015 as a result of the tailings dam breach. There were two concentrate shipments in the March 2014 comparative quarter from the Mount Polley mine. III.TO: 12.81 (+0.46)
Eastfield Resources Signs Letter of Intent on Indata Gold-Copper Property, BC
ACCESSWIRE - Mon Apr 13, 8:26AM CDT
VANCOUVER, BC / ACCESSWIRE / April 13 2015 / Eastfield Resources Ltd. ("Eastfield"
(TSX-V: ETF) announces it has signed a letter of intent ("LOI" to grant Rise Resources Inc. ("Rise" (OTCMKTS: RYES) an option to earn an interest on the Indata project located approximately 130 kilometres northwest of Fort St. James in central British Columbia. The option allows Rise to earn an initial 60% interest by paying $350,000 and completing exploration expenditures of $2,000,000 over a four year period. Rise may earn a further 15% (75% total) by paying a further $100,000 and completing a feasibility study. ETF.VN: 0.040 (unch)
Imperial Reports 2014 Financial Results
Marketwired - Tue Mar 31, 6:09PM CDT
Imperial Metals Corporation (the "Company"
(TSX: III) reports financial results for its fiscal year ended December 31, 2014(i). The Company incurred a net loss for the year ended December 31, 2014 of $37.3 million ($0.50 per share) compared to net income of $41.0 million ($0.55 per share) in 2013. The variation in net income in 2014 compared to 2013 is largely attributable to the reduction in metals production and remediation costs of $67.4 million related to the Mount Polley tailings dam breach. In addition to variances in revenues and income from mine operations described above, variations in net income period over period are also impacted by movements in foreign exchange and realized and unrealized gains and losses on derivative instruments and taxes. III.TO: 12.81 (+0.46)
Imperial Metals Corporation: Red Chris Mine Begins Trucking Concentrate
Marketwired - Mon Mar 02, 6:09PM CST
Imperial Metals Corporation (TSX: III) announces that the Red Chris mine trucked its first shipments of copper concentrate to the Port of Stewart, BC on February 27, 2015.
III.TO: 12.81 (+0.46)
A Mixed Bag For Imperial Metals
Itinerant - at Seeking Alpha - Tue Feb 24, 1:37PM CST
Imperial Metals Corporation: First Production of Copper Concentrate at Red Chris Mine
Marketwired - Tue Feb 17, 6:37PM CST
Imperial Metals Corporation (TSX: III) announces the commissioning of the Red Chris mill is progressing well. Both the SAG and ball mill drive systems have been operated at 100% load factors. As a result, the flotation circuits and secondary regrind mill are being commissioned with low grade ore, resulting in the first production of copper concentrate.
III.TO: 12.81 (+0.46)
Imperial Initiates Testing of the Grinding Circuit at the Red Chris Mine
Marketwired - Fri Feb 06, 4:42PM CST
Imperial Metals Corporation (TSX: III) reports that the necessary approvals were received to commence commissioning of the processing plant at the Red Chris mine on February 2, 2015.
III.TO: 12.81 (+0.46)
Imperial Metals Provides Update
Marketwired - Tue Feb 03, 8:34PM CST
Imperial Metals Corporation (the "Company"
(TSX: III) - III.TO: 12.81 (+0.46)
Imperial Metals Corporation: Report by the Mount Polley Independent Expert Engineering Investigation and Review Panel
Marketwired - Fri Jan 30, 6:16PM CST
Imperial Metals Corporation (TSX: III)
III.TO: 12.81 (+0.46)
Imperial Reports 2014 Production
Marketwired - Mon Jan 26, 3:36PM CST
Imperial Metals Corporation (TSX: III) reports its 2014 annual base and precious metals production from Mount Polley, Huckleberry and Sterling mines was 41.5 million pounds copper, 33.0 thousand ounces gold and 166.4 thousand ounces silver. Production in 2014 was impacted by the interruption of Huckleberry operations due to a SAG mill bull gear failure on February 26, and the suspension of Mount Polley operations due to the tailings dam breach on August 4. The production represents 97.6%, 92.8% and 102.6% respectively of the targeted copper, gold and silver production reported in the Management's Discussion & Analysis in the third quarter report.
III.TO: 12.81 (+0.46)
Imperial Announces New $50 Million Credit Facility
Marketwired - Mon Jan 19, 3:16PM CST
Imperial Metals Corporation (TSX: III) reports it has completed a new $50 million revolving second lien secured credit facility ("the Credit Facility"
with the Bank of Montreal maturing on April 1, 2017. The terms and conditions of the Credit Facility are modelled after the $200 million senior secured credit facility completed by the Company on March 12, 2014, adjusted to reflect the second lien. Edco Capital Corporation ("Edco", a company controlled by Mr. N. Murray Edwards, a significant shareholder of the Company, has guaranteed the Credit Facility. As consideration for the guarantee Edco will receive an annual fee of 2% of the loan amount payable monthly. III.TO: 12.81 (+0.46)
