- Business
- Imperial Metals Corporation engages in the acquisition, exploration, development, mining and production of base and precious metals, primarily copper, gold and silver, through its principal operations in British Columbia, Canada. The company holds 100% interests in the Mount Polley open-pit copper-gold mine in south-central British Columbia and the Huckleberry copper mine in west-central British Columbia on care and maintenance; it also maintains a 30% joint venture interest in the Red Chris copper-gold mine in northwest British Columbia, operated by Newmont Corporation. Imperial Metals offers copper and gold concentrates from these assets, targeting industrial and precious metals markets with measured and indicated copper resources of approximately 5 billion pounds.
Founded in 1959 and headquartered at 580 Hornby Street in Vancouver, British Columbia, the company focuses on operations within Canada while exploring opportunities in the United States, Switzerland, China, the Philippines and Singapore.
In recent developments, Newmont Corporation acquired Imperial's joint venture partner Newcrest Mining Limited in November 2023, solidifying the Red Chris partnership; Imperial reported strong financial results for the first nine months of 2025, with consolidated copper production of 46.3 million pounds and gold production of 50,751 ounces, on track to meet the high end of 2025 guidance; and the company advances preparation for a Red Chris block cave feasibility study, potentially leading to an investment decision in 2026 pending permits.