en.Wedoany.com Reported - On June 16, Hudbay Minerals' New Ingerbelle Project at the Copper Mountain Mine in British Columbia officially commenced construction. The project aims to extend the mine's service life beyond 2040 while improving operational efficiency and long-term copper production.

Based on current reserve data, the New Ingerbelle Project is expected to produce approximately 750,000 tonnes of copper, about 900,000 ounces of gold, and roughly 5.5 million ounces of silver over its entire lifecycle. The project primarily develops high-grade ore bodies by expanding the existing Ingerbelle pit slopes, with a stripping ratio approximately one-third of the current mining area, and will utilize the existing processing plant and mining facilities at the Copper Mountain Mine. Hudbay Minerals stated that the project is expected to generate over CAD 11.5 billion in gross domestic product (GDP) for British Columbia, sustain more than 800 direct jobs, and contribute over CAD 2.2 billion in labor income.

This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com