- Copper Mountain (CMMC) has resumed production after a ransomware attack on December 27, 2022
- Throughout the outage, the company has been shipping copper concentrate to the Port of Vancouver from mine inventory with no deviations from its planned shipping schedule
- The company experienced no incidents or injuries during the outage and is actively reinforcing its IT systems
- Copper Mountain’s 75-per-cent owned Copper Mountain Mine in B.C. produces an average of 100 million pounds of copper equivalent per year
- Copper Mountain (CMMC) is up by 4.31 per cent, trading at $1.815 per share
Copper Mountain (CMMC) has resumed production after last week’s ransomware attack.
Throughout the outage, the company has been shipping copper concentrate to the Port of Vancouver from mine inventory with no deviations from its planned shipping schedule.
On January 1, the company resumed operations of the primary crusher at its Copper Mountain Mine near Princeton, B.C., followed shortly thereafter by the mill, which was shut down as a preventive measure.
The mill reached full production on January 4 and is being stabilized as the remaining business systems are fully restored.
All environmental management systems at the mine were unaffected during the outage, with no incidents or injuries to report.
The company is actively reinforcing safeguards to mitigate any further risks to its IT systems.
Copper Mountain Mining is focused on its flagship, 75-per-cent-owned Copper Mountain Mine in southern B.C. The mine currently produces an average of 100 million pounds of copper equivalent per year. The company is set to receive a considerable capital infusion from the sale of its Eva Copper Project.
Copper Mountain (CMMC) is up by 4.31 per cent, trading at $1.815 per share as of 10:23 am EST.