In the same category
Imperial Reports 2011 Third Quarter Financial Results
Published : November 15, 2011
( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 14, 2011) - Imperial Metals Corporation (News - Market indicators) reports comparative financial results for the three and nine months ended September 30, 2011 and September 30, 2010, which are summarized below and discussed in detail in the Management's Discussion and Analysis. The Company's financial results are prepared in accordance with International Financial Reporting Standards ("IFRS").

  Three Months Ended Sept 30   Nine Months Ended Sept 30
(unaudited) in thousands of CDN$ except per share amounts 2011 2010   2011 2010
Revenues $69,409 $68,477   $205,994 $191,232
Income from mine operations $8,531 $25,656   $56,614 $46,742
Net Income $17,617 $7,429   $45,405 $19,338
Net Income Per Share $0.48 $0.20   $1.23 $0.54
Adjusted Net Income (1) $4,755 $13,258   $23,104 $22,727
Adjusted Net Income Per Share (1) $0.13 $0.36   $0.63 $0.63
Cash Flow (1) $17,102 $27,079   $63,533 $52,298
Cash Flow Per Share (1) $0.46 $0.74   $1.72 $1.46

(1) Adjusted Net Income, Adjusted Net Income Per Share, Cash Flow and Cash Flow Per Share are measures used by the Company to evaluate its performance; however, they are not terms recognized under IFRS in Canada. Adjusted Net Income is defined as net income adjusted for certain items of a non-operational nature that pertain to future periods as described in further detail in the Management's Discussion and Analysis under the heading Adjusted Net Income. Cash Flow is defined as cash flow from operations before net change in working capital balances. Adjusted Net Income and Cash Flow Per Share are the same measures divided by the weighted average number of common shares outstanding during the period. The Company believes these measures are useful to investors because they are included in the measures that are used by management in assessing the financial performance of the Company.

Revenues were $69.4 million in the September 2011 quarter compared to $68.5 million in the 2010 quarter. The September 2011 quarter includes two concentrate shipments from the Mount Polley mine and two concentrate shipments from the Huckleberry mine, consistent with the comparative quarter of two concentrate shipments from each mine. Variations in quarterly revenue attributed to the timing of concentrate shipments can be expected in the normal course of business.

The Company recorded net income of $17.6 million in the September 2011 quarter compared to net income of $7.4 million in the 2010 quarter. Adjusted net income in the quarter was $4.8 million or $0.13 per share, versus $13.3 million or $0.36 per share in the September 2010 quarter. Adjusted net income is calculated by removing the unrealized gains and losses, net of related income taxes, resulting from mark to market revaluation of copper and foreign exchange derivative instruments and in 2010, unrealized share based compensation expense. Adjusted net income is not a term recognized under IFRS in Canada however, it does show the current period financial results excluding the effect of items not settling in the current period.

Gains on derivative instruments were $16.7 million in the September 2011 quarter compared to losses of $10.9 million in the September 2010 quarter including unrealized net gains on copper and derivatives of $17.5 million in the September 2011 quarter compared to unrealized net losses of $8.2 million in the September 2010 quarter. The Company realized losses of $0.8 million on copper derivatives in the September 2011 quarter compared to losses of $2.7 million in the September 2010 quarter.

Subsequent to September 30, 2011 the Company agreed to sell its claims against Lehman Brothers Commodity Services Inc. and Lehman Brothers Holdings Inc. for US$13.9 million subject to completion of documentation and approval by the Trustee. On closing, the Company will record a bad debt recovery equal to the proceeds as the carrying amount of the claims had been written down to nil.

Cash flow decreased to $17.1 million in the three months ending September 30, 2011 from $27.1 million in the comparative 2010 quarter. The $10.0 million decrease is primarily the result of reduced income from mine operations resulting from negative revenue revaluations of $14.6 million in the current quarter.

Capital expenditures decreased to $12.7 million from $15.2 million in the comparative 2010 quarter. All expenditures in the September 2011 quarter were financed from short term debt and cash flow from the Mount Polley and Huckleberry mines. At September 30, 2011 the Company had $30.8 million in cash, cash equivalents and short term investments.

During the September 2011 quarter the Company did not purchase any common shares for cancellation.

Mount Polley Mine

Production   Nine Months Ended Sept 30
    2011 2010
Ore milled (tonnes)   5,742,244 5,943,967
Ore milled per calendar day (tonnes)   21,034 21,773
Grade % - copper   0.262 0.324
Grade g/t - gold   0.266 0.287
Recovery % - copper   57.16 62.97
Recovery % - gold   62.16 66.67
Copper (lbs)   18,939,711 26,701,243
Gold (oz)   30,496 36,571
Silver (oz)   67,555 142,182

Mill throughput averaged 22,160 tonnes per day for the 2011 third quarter. Copper production was down compared to the 2011 second quarter with all ore coming from lower grade upper benches of the Springer pit. In October, the Springer Phase 3 pushback reached the 1048 bench and began releasing higher grade material. Mill feed grade averaged 0.297% copper in October. For the remainder of 2011 and all of 2012 mill feed is scheduled to come from the Springer pit.

In the fourth quarter a new mine site access road will be commissioned that will allow the development of a new access ramp into the Springer pit, providing shorter ore and waste hauls from the pit.

Exploration at Mount Polley continued in the quarter. Surface drilling of 11,564 metres in 24 drill holes was completed in the C2, Cariboo, Junction and Polley Mountain areas using two drills. Surface exploration remains focused on targets within the C2 and Cariboo areas.

Underground Diamond drilling at the Boundary zone has been successful in delineating a block of breccia-hosted copper/gold mineralization. Underground exploration is underway with additional level excavation in the zone to gather further information. Engineering to choose an appropriate underground mining method for the block is well advanced.

Mount Polley open pit copper/gold mine is located 56 kilometres northeast of Williams Lake, British Columbia.

Huckleberry Mine

Production   Nine Months Ended Sept 30
(100% - Imperial owns 50%)   2011 2010
Ore milled (tonnes)   4,480,300 4,156,900
Ore milled per calendar day (tonnes)   16,411 15,227
Grade (%) – copper   0.382 0.378
Recovery (%) – copper   90.2 91.3
Copper (lbs)   34,044,000 31,664,000
Gold (oz)   2,758 2,279
Silver (oz)   173,127 148,206
Molybdenum (lbs)   6,923 68,226

Copper production was 10.3 million pounds in the 2011 third quarter compared to 10.1 million pounds in the 2010 third quarter. The majority of ore came from stockpiled ore, while mining focused on the pushback of the Main Zone Extension highwall. 

An application for an amendment to Huckleberry's Mines Act permit was submitted to allow for the development and operation of the Main Zone Optimization pit, an expansion of the Main Zone pit that could add up to eight years to Huckleberry's mine life. The amendment is anticipated to be approved by the Province in 2011. Additional mining equipment has been ordered, and logging of the project area has commenced.

Diamond drilling is underway testing IP anomalies that were defined by a geophysical survey conducted earlier in the year. Six holes are planned to test anomalies to the west of the Main zone mineralization. 

Imperial owns 50% of the Huckleberry open pit copper/molybdenum mine located 123 kilometres southwest of Houston, British Columbia.

Red Chris

Results were released from 45 Diamond drill holes totalling 49,760 metres completed beneath the proposed open pit to a depth of about 1,000 metres.  The deposit is still open to the east and west with potential for further expansion to the north and south in parts of the porphyry system. 

A deep Diamond drilling program was initiated in August 2011 to test the continuation at depth of mineralization historically defined in the Gully zone, located about a kilometre west of the western rim of the proposed open pit. Drilling in the area by previous operators penetrated about 350 metres in the zone with a maximum penetration of 470 metres, encountering strong alteration and widely distributed copper/gold mineralization. Geological and analytical studies of the historic drill core, and results from the Titan 24 geophysical survey completed in 2009, indicate the potential for additional deep porphyry mineralization below these zones. Three holes were drilled in the Gully zone in this phase of drilling. Results are pending.

Drilling is planned for the area east of the proposed pit where geological mapping, historic drilling and results of the Titan 24 survey indicates the potential to both expand the deposit east of drill hole R10-411, and identify an offset extension further east of the deposit. Diamond drilling will continue until the year end break.   

Detailed design for the 30,000 tonne per day mill is being advanced by AMEC. The major items in the grinding bay have been secured with the purchase from Northgate's Kemess mine of a 12,000 hp 34 foot diameter SAG mill, and an order of an 18,000 hp ball mill. Limited site work is expected to begin this winter and major site construction to commence next year.

In September BC Hydro announced Vallard Construction and Burns & McDonald had been selected to design and to build the Northwest Transmission Line, a 344 kilometre line from the Skeena substation to Bob Quinn Lake.

Discussions continue with BC Hydro to determine the optimum method of connecting the Red Chris project to the Northwest Transmission Line at Bob Quinn Lake, which is within 120 kilometres of the property.

The Red Chris copper/gold property in northwest British Columbia is 80 kilometres south of Dease Lake.

Sterling

Underground sampling and drilling continued on the 3180 level to investigate the northerly down dip extent of the 144 zone.  A reverse circulation drill is on site to complete a 28 hole program to delineate the near surface mineral resource surrounding remnants of the old underground mine.

The 144 zone is being developed for production with excavation of a ramp to the upper level of the breccia zone, along with an ore pass connecting this level to the main haulage. A drift from the 3180 foot level was completed to the base of the proposed vent raise that will provide ventilation for the mine.   

Earthworks and liner installation work commenced in October 2011. The gold recovery processing plant is scheduled to arrive on-site in November 2011. Former process ponds have been prepared for re-lining. Two concrete pads were poured in September in preparation for building erection. The surface stockpile from underground development now totals 28,000 tons at 0.100 ounce per ton of leachable material. Metallurgical testwork of underground run of mine material by Kappes, Cassiday & Associates confirms a gold recovery of 70% after 30 days of cyanide leaching.

The Sterling gold property is located 185 kilometres northwest of Las Vegas, Nevada.

Ruddock Creek

Recent drill results from the November 2010-July 2011 underground Diamond drill program, confirmed massive sulphide mineralization of the Lower E zone extending 450 metres in an east-west direction and 500 metres in a north-south direction. The objective of the underground drilling was to significantly add to the previously reported resource by increasing the density of drilling and extending it to the west. Total underground drilling to September 30 consisted of 76 holes totalling 14,133.4 metres from seven underground drill stations.

The 2011 exploration program included additional surface exploration, geological mapping, sampling and further Diamond drilling of the Creek, V and Q zones. A total of 10,841 metres of surface drilling was completed in October 2011. Up to four surface Diamond drills were in operation to complete this phase of the 2011 program before the onset of winter conditions. A news release providing results of the surface drill program is expected by year end.

A comprehensive report will be completed in early 2012, including an update of the National Instrument 43-101 compliant report Mineral Resource Estimate, Ruddock Creek Deposit dated July 2009. The report will be used to determine the next phase of exploration and development on the Ruddock Creek property.

The Ruddock Creek zinc/lead property is located 155 kilometres northeast of Kamloops in the Scrip Range of the Monashee Mountains in southeast British Columbia.

Outlook

The sharp decline in copper prices at the end of the September 2010 quarter resulted in a $14.6 million negative revenue revaluation in the quarter. Copper prices have rebounded since then and a large part of this revaluation will reverse if the copper price remains higher.

At the Huckleberry mine work began on the Main Zone Optimization plan in anticipation of receipt of a permit amendment. Clearing of the tailings storage facility site is progressing, and additional mining equipment has been ordered.

At the Sterling mine, preparations for the restart of operations are proceeding. The first gold production from the operation is expected in early 2012.

Recent drill results at Red Chris indicate great promise for further expansion of the mineral system, and drilling is ongoing to the east and west of the proposed open pit. Major site construction is planned for 2012 and work on engineering, procurement, permitting and power supply for Red Chris is progressing.

Detailed financial information is provided in the Company's Management's Discussion & Analysis contained in the Third Quarter Report available on www.sedar.com and www.imperialmetals.com.

Cautionary Note Regarding "Forward-Looking Information":

This information is a review of the Company's operations and financial position as at and for the period ended September 30, 2011, and plans for the future based on facts and circumstances as of November 8, 2011. Except for statements of historical fact relating to the Company, including our 50% interest in Huckleberry, certain information contained herein constitutes forward-looking statements. When we discuss mine plans; our costs and timing of current and proposed exploration; development; production and marketing; capital expenditures; the construction of the northwest transmission line; cashflow; working capital requirements; and the requirement for additional capital; operations; revenue; margins and earnings; future prices of copper and gold; future foreign currency exchange rates; future accounting changes; future prices for marketable securities; receipt of permits; or other things that have not yet happened in this review we are making statements considered to be forward-looking information or forward-looking statements under Canadian and United States securities laws. We refer to them in this review as forward-looking information.

The forward-looking information in this review typically includes words and phrases about the future, such as: plan, expect, forecast, intend, anticipate, estimate, budget, scheduled, believe, may, could, would, might, will. We can give no assurance that the forward-looking information will prove to be accurate. It is based on a number of assumptions management believes to be reasonable, including but not limited to: the continued operation of the Company's mining operations, no material adverse change in the market price of commodities and exchange rates, that the mining operations will operate and the mining projects will be completed in accordance with their estimates and achieve stated production outcomes, volatility in the Company's share price and such other assumptions and factors as set out herein.

It is also subject to risks associated with our business, including but not limited to: risks inherent in the mining and metals business; commodity price fluctuations and hedging; competition for mining properties; sale of products and future market access; mineral reserves and recovery estimates; currency fluctuations; interest rate risk; financing risk; environmental risk; foreign activities; legal proceedings; and other risks that are set out in our annual information form and below.

If our assumptions prove to be incorrect or risks materialize, our actual results and events may vary materially from what we currently expect as set out in this review.

We recommend you review the company's management's discussion & analysis in the quarter financial report and the annual report for the year ended december 31, 2010 which includes a discussion of material risks that could cause actual results to differ materially from our current expectations. Forward-looking information is designed to help you understand management's current views of our near and longer term prospects, and it may not be appropriate for other purposes. We will not necessarily update this information unless we are required to by securities laws.



Imperial Metals Corporation
Brian Kynoch
President
604.669.8959
or
Imperial Metals Corporation
Andre Deepwell
Chief Financial Officer
604.488.2666
or
Imperial Metals Corporation
Sabine Goetz
Investor Relations
604.488.2657
info@imperialmetals.com
www.imperialmetals.com
Data and Statistics for these countries : Canada | All
Gold and Silver Prices for these countries : Canada | All

Imperial Metals Corp

PRODUCER
CODE : III.TO
ISIN : CA4528921022
CUSIP : 452892102
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Imperial is a zinc and lead producing company based in Canada.

Imperial produces zinc, lead, copper, diamonds, gold, molybdenum and silver in Canada, develops copper and gold in Canada, and holds various exploration projects in Canada.

Its main assets in production are HUCKLEBERRY, MOUNT POLLEY, PORCHER ISLAND and STERLING in Canada, its main asset in development is RED CHRIS in Canada and its main exploration properties are BEAR, NAK, SHERATON-TIMMINS, ROBB LAKE, LJ, KNEB, GHOST PROPERTY, INDATA, WASI CREEK, GIANT COPPER, RUDDOCK CREEK, CATFACE, BALDWIN-MCVICAR, THE CENTURY and FANDORA in Canada.

Imperial is listed in Canada and in United States of America. Its market capitalisation is CA$ 192.8 millions as of today (US$ 141.7 millions, € 127.3 millions).

Its stock quote reached its lowest recent point on November 29, 2002 at CA$ 0.15, and its highest recent level on July 17, 2015 at CA$ 9.98.

Imperial has 93 590 000 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Corporate Presentations of Imperial Metals Corp
1/22/2010Red Chris: Green Light for Development
9/30/2009Northwest Transmission Line Moves Ahead; Red Chris Site Visi...
In the News and Medias of Imperial Metals Corp
1/10/2019Imperial Metals suspends operations at Mount Polley mine
12/15/2018Imperial Metals hires BMO to speed up restructuring — source...
8/2/2018Imperial testing driverless oilsands haulers at Kearl
8/4/2017BC won't charge Imperial Metals for Mount Polley dam breach
11/8/2010Fed Debases the Imperial Dollar, Inflation, Stagnation and H...
Annual reports of Imperial Metals Corp
2008 Annual Report
2007 Annual Report
Financings of Imperial Metals Corp
8/1/2017Closes Bridge Loan Financing
5/28/2007Exercise of Warrants of Imperial Metals Corporation
Nominations of Imperial Metals Corp
6/3/2013Reports on Voting Results for the Election of Directors
Financials of Imperial Metals Corp
11/13/2015Reports 2015 Third Quarter Financial Results
8/14/2015Reports 2015 Second Quarter Financial Results
3/31/2015Reports 2014 Financial Results
8/15/2014Reports 2014 Second Quarter Financial Results and Financing
11/14/2013Reports 2013 Third Quarter Financial Results
8/15/2013Reports 2013 Second Quarter Financial Results
5/15/2013Reports 2013 First Quarter Financial Results
3/29/2013Reports 2012 Financial Results
11/9/2012Reports 2012 Third Quarter Financial Results
8/7/2012Reports 2012 Second Quarter Financial Results
5/11/2012Reports 2012 First Quarter Financial Results
3/30/2012Reports 2011 Financial Results
8/16/2011CORRECTION FROM SOURCE: Imperial Reports 2011 Second Quarter...
8/15/2011Reports 2011 Second Quarter Financial Results
3/22/2011Reports on 2010 Production and Update on Exploration
8/13/2010Reports 2010 Second Quarter Financial Results
5/12/2010Reports 2010 First Quarter Financial Results
4/1/2010Reports 2009 Financial Results
11/13/20092009 Third Quarter Financial Results
8/14/2009Reports 2009 Second Quarter Financial Results
11/7/2008Reports 2008 Third Quarter Financial Results
8/8/2008Reports 2008 Second Quarter Financial Results
5/12/2008Reports 2008 First Quarter Financial Results
3/20/2008 Reports 2007 Financial Results
11/14/2007 Reports Results for the Third Quarter 2007
8/14/2007Reports Results for the Second Quarter 2007
Project news of Imperial Metals Corp
1/30/2015Canada investigation finds flawed design led to mine dam spi...
2/6/2013(Mount Polley)Reports on Mount Polley Exploration Results from Springer Zo...
1/23/2013CORRECTION FROM SOURCE: Imperial Reports Production for 2012...
11/2/2012(Red Chris)oration: Red Chris Project Update
8/22/2012(Mount Polley)oration: Mount Polley Exploration Expands Springer Zone
5/7/2012(Red Chris)Red Chris Project Receives Mine Permit
3/14/2012(Ruddock Creek)oration: Ruddock Creek Resource Tonnage Increased; JV Partne...
2/27/2012Reports Production for 2011 and Forecast for 2012
1/26/2012(Ruddock Creek)oration: Surface Diamond Drilling Continues to Expand the Ru...
1/3/2012(Huckleberry)oration: Huckleberry Mine Expansion Approved
10/25/2011oration: Underground Diamond Drilling Continues to Expand th...
6/14/2011Completes Acquisition of Minority Interests in American Bull...
5/12/2011(Mount Polley)Reports Mount Polley Exploration Results
3/15/2011(Red Chris)2011 TECHNICAL REPORT on the RED CHRIS COPPER-GOLD PROJECT
3/15/2011(Red Chris)Reports Red Chris Technical Report Filed
2/24/2011(Red Chris) Northwest Transmission Line to Power Red Chris
8/17/2010(Huckleberry)Reports Huckleberry Mine Operations Temporarily Suspended as...
8/5/2010(Red Chris)Red Chris Exploration Program Continues to Expand Deep Depos...
7/22/2010(Mount Polley)Mount Polley Expands WX Discovery Zone and Initiates Undergr...
5/17/2010(Mount Polley)Mount Polley Update on Mineral Reserve/Resource Estimates an...
5/11/2010(Huckleberry)Huckleberry Updates Mineral Reserve and Mineral Resource Est...
5/3/2010(Red Chris)Red Chris Mineral Resource Increased and Metallurgy Improved
4/13/2010(Red Chris)Red Chris Drilling Continues to Yield Long Intercepts of Co
1/19/2010(Red Chris)Reports Results from Deep East Zone at Red Chris
1/19/2010(Mount Polley)Discovers Mineralization Near Springer Pit at Mount Polley
1/14/2010! 6 Cent Jr. Acquires Huge Land Position Near High Profile I...
12/11/2009(Red Chris)Reports Results from Deep East Zone at Red Chris
11/10/2009(Red Chris)Red Chris Drill Hole Returns 4.12% Copper and 8.83 g/t Gold ...
11/1/2009Red Chris Drilling Intersects Spectacular Mineralization
8/11/2009(Mount Polley)Update on Mount Polley Exploration
6/30/2009(Huckleberry)Huckleberry Extends Mine Life
3/2/2009(Mount Polley)Reports High Grade Results From Three Zones at Mount Polley
2/19/2009(Red Chris)Reports Red Chris 2008 Drill Results
7/30/2008(Sterling)Reports Sterling Underground Drill Results
7/10/2008(Mount Polley)oration: Mount Polley Mine Sets Production Record and Report...
5/21/2008(Sterling)Reports Further Expansion of 144 Zone at Sterling
3/13/2008(Sterling) Reports Extension of 144 Zone at its Sterling Property
2/19/2008(Mount Polley)Employees at Mount Polley Mine Ratify Extension to Collectiv...
1/25/2008(Bear) Intercepts Demonstrate Continuity of Mineralization at Impe...
1/21/2008(Sterling)Higher Grade Gold Zone Discovered at Imperial's Sterling Pro...
12/11/2007(Red Chris)Deep Drilling at Red Chris Confirms Expansion of Mineralized...
7/3/2007(Mount Polley) Intersects 1.12% Copper Equivalent Over 400 Metres at Mount...
5/14/2007Ramping Into 144 Zone and Continues Exploration Across Expan...
Corporate news of Imperial Metals Corp
7/15/2016Imperial Reports Second Quarter 2016 Production Results
6/23/2016Mount Polley Mine Receives Authorization for Return to Norma...
5/30/2016Imperial Announces Voting Results for the Election of Direct...
5/27/2016Imperial Files Mount Polley Mine Technical Report
5/13/2016Imperial Reports First Quarter 2016 Financial Results
5/12/2016Imperial Extends Maturity Dates and Amends Senior and Second...
4/6/2016Imperial Reports Huckleberry Mines Ltd. Updates Plans for Op...
1/20/2016Imperial Reports 2015 Production
1/6/2016Imperial Reports Huckleberry Mine Suspends Pit Operations
12/19/2015Imperial Comments on the Chief Inspector of Mines' Investiga...
12/19/2015Imperial Comments on the Chief Inspector of Mines’ Investiga...
10/16/2015Imperial Announces Normal Course Issuer Bid
10/14/2015Imperial Announces Third Quarter Production Results
8/25/2015Imperial Closes $30 Million Convertible Debenture Private Pl...
8/22/2015Imperial Closes Fully Subscribed Rights Offering
8/11/2015Imperial Closes $6 Million Private Placement Share Financing
8/7/2015Imperial Announces Passing of Executive Officer
7/21/2015Imperial Files Final Rights Offering Circular and Provides P...
7/9/2015Imperial Reports Receipt of Permit Amendments to Recommence ...
6/24/2015Imperial Reports Extension of Completion Test Date Under Sen...
3/31/2015Imperial Reports 2014 Financial Results
3/3/2015Red Chris Mine Begins Trucking Concentrate
3/3/2015Imperial Metals Corporation: Red Chris Mine Begins Trucking ...
2/18/2015First Production of Copper Concentrate at Red Chris Mine
2/18/2015Imperial Metals Corporation: First Production of Copper Conc...
2/6/2015Imperial Initiates Testing of the Grinding Circuit at the Re...
2/6/2015Imperial Initiates Testing of the Grinding Circuit at the Re...
2/4/2015Canada Stocks to Watch: TMX Group, Newalta, Intact, Imperial...
2/4/2015Imperial Metals Provides Update
1/31/2015Report by the Mount Polley Independent Expert Engineering In...
1/31/2015Imperial Metals Corporation: Report by the Mount Polley Inde...
1/30/2015Engineering probe finds flawed design caused Canada tailing ...
1/26/2015Imperial Reports 2014 Production
1/26/2015Imperial Reports 2014 Production
1/19/2015Imperial Announces New $50 Million Credit Facility
1/19/2015Imperial Announces New $50 Million Credit Facility
12/19/2014Imperial Announces Sale and Transfer of Iskut extension of t...
12/19/2014Imperial Announces Sale and Transfer of Iskut Extension of t...
11/15/2014Imperial Reports 2014 Third Quarter Financial Results
11/14/2014Imperial Announces Normal Course Issuer Bid
10/29/2014Fairholme Fund's Three Recent Portfolio Changes
10/22/2014Imperial Metals Corporation: Mount Polley Remediation Update
10/16/2014Imperial Announces Normal Course Issuer Bid
2/21/2014Reports Increase in Line of Credit Facility
11/8/2013Reports Increase in Line of Credit Facility
9/11/2013Reports Maturity Date of Credit Facilities Extended
6/6/2013(Red Chris)Reports on Red Chris Project Financing Update
3/22/2013Announces Agreement with BC Hydro to Extend the Northwest Tr...
1/7/2013(Mount Polley)Underground Drilling at Mount Polley Boundary Zone Intersect...
11/5/2012(Ruddock Creek)oration: Ruddock Creek Update V Zone Expanded
10/10/2012Announces Normal Course Issuer Bid
5/29/2012(Mount Polley)oration: Mount Polley Update on Mineral Resource Estimate an...
2/15/2012(Red Chris)Files Red Chris Technical Report
2/2/2012(Red Chris)oration: Red Chris Mineral Resource Tonnage Increased by 103...
12/8/2011(Red Chris)oration: Deep Drilling at Red Chris Intersects Mineralizatio...
11/28/2011Announces Two-for-One Stock Split
9/26/2011Announces Normal Course Issuer Bid
8/23/2011(Mount Polley)Reports Mount Polley Mine Underground Drilling Intersects 35...
6/16/2011oration: Early Warning Report Issued Pursuant to National In...
6/10/2011American Bullion Shareholders Approve Plan of Arrangement
5/13/2011and American Bullion Report on Status of Arrangement
4/15/2011and American Bullion Enter into Settlement Agreement
3/29/2011and American Bullion Update on Status of Arrangement
2/5/2011and American Bullion Minerals Ltd=2E: Agreement to Purchase ...
1/24/2011Proud to be British Columbia's Top Mineral Explorer in 2010
7/12/2010Ruddock Creek Project-Memorandum of Understanding Completed
3/25/2010Comments on Market Activity
3/11/2010Reports Cdn$14 Million Unsecured Convertible Debentures Conv...
11/5/2009& Selkirk Complete Business Combination
9/17/2009Announce Investment
9/15/2009Arrangement Agreement with Selkirk Metals Corp=2E Signed
7/27/2009Combination
12/19/2008Supreme Court of Canada Grants Application for Leave to Appe...
11/25/2008Reports Layoff Notices at Mount Polley
9/19/2008Announces Normal Course Issuer Bid
9/16/2008oration: Red Chris Federal Court Ruling Appealed
6/16/2008Reports the Federal Court of Appeal Reverses Lower Court Rul...
3/20/2008 Update on Mount Polley Exploration
2/26/2008Completes $30 Million Working Capital Facility
2/5/2008Increases Working Capital Facility to $30 Million
1/29/2008Arranges $25 Million Working Capital Facility
10/31/2007Appeal Filed in Federal Court Ruling Regarding Imperial's Re...
10/16/2007Over One Kilometre Grading 1.01% Copper and 1.26 g/t Gold In...
9/26/2007Reports on Federal Court Ruling Regarding the Red Chris Proj...
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TORONTO (III.TO)Other OTC (IPMLF)
2.06+0.00%1.49+0.68%
TORONTO
CA$ 2.06
09/18 17:00 -
0%
Prev close Open
2.06 2.02
Low High
2.00 2.09
Year l/h YTD var.
1.97 -  2.69 -3.74%
52 week l/h 52 week var.
1.87 -  2.69 -3.74%
Volume 1 month var.
48,081 -5.94%
24hGold TrendPower© : -9
Produces Copper - Diamonds - Gold - Molybdenum
Develops Copper - Gold
Explores for Copper - Diamonds - Gold - Lead - Molybdenum - Silver - Zinc
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
Last updated on : 11/13/2010
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
2024-5.50%2.732.00
202320.44%2.851.70
2022-41.80%4.251.60
2021-39.02%6.252.95
2020155.00%5.120.99
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.03-0.28%Trend Power :
OceanaGold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 8.91-2.73%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.59-3.26%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.05+10.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.06+0.00%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
 12.67+0.88%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.34+6.25%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.19+2.70%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
 1.77-2.21%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 40.37-0.22%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.04+0.00%Trend Power :
Take advantage of rising gold stocks
  • Subscribe to our weekly mining market briefing.
  • Receive our research reports on junior mining companies
    with the strongest potential
  • Free service, your email is safe
  • Limited offer, register now !
Go to website.