VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 30, 2015) - Imperial Metals Corp. (TSX:III) The Mount Polley Independent Expert Engineering Investigation and Review Panel (the "Panel") released today its report (the "Report") on the cause of the August 4, 2014 tailings storage facility ("TSF") breach at the Mount Polley mine. The Panel's determination of the cause of the breach is in agreement with the results of the [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 26, 2015) - Imperial Metals Corp. (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 [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 19, 2015) - Imperial Metals Corp. (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 [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 19, 2014) - Imperial Metals Corp. ("Imperial") (TSX:III) announces it has completed and closed the sale of the 93 kilometre 287kV Iskut extension of the Northwest Transmission Line to BC Hydro for $52 million. The Iskut extension was built by Highway 37 Power Corp., a subsidiary of Imperial, from the terminus of the Northwest Transmission Line at the Bob Quinn substation to [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov 14, 2014) - Imperial Metals Corporation ("Imperial", the "Company", "we", "our" or "us") (TSX:III) reports comparative financial results for the third quarter period ending September 30, 2014. The tailings dam breach at the Mount Polley mine has had significant impacts on the Company's operations and financial position including: Mount Polley mine operations are suspended [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 22, 2014) - Imperial Metals Corp. ("Imperial") (TSX:III) reports on the recovery efforts related to the August 4 tailings impoundment breach at its Mount Polley mine. The initial response and recovery phase has been substantially completed and crews have commenced rehabilitation and restoration activities. Response and Recovery Phase The initial response to the tailings [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 16, 2014) - Imperial Metals Corporation (TSX:III) - Imperial announces that the Toronto Stock Exchange (the "TSX") has accepted the Company's Notice of Intention to make a Normal Course Issuer Bid (the "Bid") to be transacted through the facilities of the TSX or alternative Canadian market places. Pursuant to the Bid, the Company may purchase up to 2,024,130 common shares [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 3, 2014) - Imperial Metals Corp. (TSX:III) (the "Company" or "Imperial") announces the closing of a non-brokered private placement of $115.0 million Face Value of 6% 6-year senior unsecured convertible debentures (the "Convertible Debentures"), which is a $15.0 million increase from the $100.0 million Convertible Debenture Face Value offering previously announced on August [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 26, 2014) - Imperial Metals Corp. (TSX:III) is pleased to report that it has entered into an agreement with the Tahltan Central Council (TCC), the focal point of which is a review of the Red Chris tailings impoundment to confirm that world class standards have been incorporated in its design, engineering, construction and operation. The review will be conducted by an [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 15, 2014) - Imperial Metals Corp. (TSX:III) has scheduled an earnings announcement conference call for Monday, August 18, 2014. Management will discuss the Second Quarter Financial Results released on August 14, 2015. Details are provided below. Earnings Announcement Conference Call Scheduled for monday, august 18, 2014 @ 10:00am PDT / 11:00am MDT / 1:00pm EDT [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 14, 2014) - Imperial Metals Corp. (TSX:III) - reports comparative financial results for the second quarter period ending June 30, 2014. Revenues were $51.1 million in the June 2014 quarter compared to $41.3 million in the comparative 2013 quarter. Variations in revenue are impacted by the timing and quantity of concentrate shipments, metal prices and exchange rate, and [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 12, 2014) - Imperial Metals Corp. (TSX:III) reports that BC Interior Health has reviewed the most recent Polley Lake water sample results from the Ministry of Environment (MoE). BC Interior Health stated "that water drawn from south of 6236 Cedar Creek Road on the Quesnel River and the majority of Quesnel Lake may be consumed per normal practice. It is now safe from a human [...]