VANCOUVER, March 3, 2020 /CNW/ - Copper Mountain Mining
Corporation (TSX:CMMC | ASX:C6C) ("Copper Mountain"
or the "Company) is pleased to announce that it has achieved a
"AA" rating for its Tailings Management under the Towards
Sustainable Mining (TSM) standards. The third party audit for
Copper Mountain's Tailings Management was completed by Klohn
Crippen Berger Ltd.
The Company has wholly adopted the TSM standards and is
targeting to achieve a "AA" rating on all eight TSM protocols by
the end of 2021. "AA" ratings for Tailings Management, Safety and
Health, and Aboriginal and Community Outreach are planned by the
end of 2020. Biodiversity Conservation Management, Crisis
Management Planning, Energy Use and Greenhouse Gas Emissions
Management, Child and Forced Labour Free Certification, and Water
Stewardship are planned for the end of 2021.
The Company is committed to transparent and continuous
disclosure on its ESG programs and will provide regular updates on
its TSM progress.
"Excellence in ESG is not just a priority at Copper Mountain
but is ingrained in our cultural DNA" stated Gil Clausen, Copper Mountain's President and
CEO. "It is an integral element of our long-term business model's
success."
Mr. Clausen added, "In our view, mining with integrity and
transparency is the only way to operate. We are committed to sound
and sustainable practices in our programs, policies and systems as
well as in our disclosure. Receiving a 'AA' rating for our tailings
management and setting tangible TSM attainment goals demonstrates
our commitment. This is just an example of our many ESG
initiatives. We look forward to sharing our progress and
achievements with all our stakeholders on a regular basis."
About Copper Mountain Mining Corporation:
Copper Mountain's flagship asset is the 75% owned Copper
Mountain mine located in southern British
Columbia near the town of Princeton. The Copper Mountain mine produces
about 90 million pounds of copper equivalent per year with a large
resource that remains open laterally and at depth. Copper Mountain
also has the permitted, development-stage Eva Copper Project in
Queensland, Australia and an
extensive 4,000 km2 highly prospective land package in
the Mount Isa area. Copper Mountain trades on the Toronto Stock
Exchange under the symbol "CMMC" and Australian Stock Exchange
under the symbol "C6C".
Additional information is available on the Company's web page at
www.CuMtn.com.
On behalf of the Board of
COPPER MOUNTAIN MINING CORPORATION
"Gil
Clausen"
Gil Clausen, P.Eng.
Chief Executive Officer
Note: This release contains forward-looking statements
that involve risks and uncertainties. These statements may
differ materially from actual future events or results. Guidance is
based on a number of assumptions and estimates as of December 31, 2019, including, among other things,
assumptions about metal prices and anticipated costs and
expenditures. Guidance involves estimates of known and unknown
risks, uncertainties and other factors which may cause the actual
results to be materially different. Readers are referred to the
documents, filed by the Company on SEDAR at www.sedar.com,
specifically the most recent reports which identify important risk
factors that could cause actual results to differ from those
contained in the forward-looking statements. The Company
undertakes no obligation to review or confirm analysts'
expectations or estimates or to release publicly any revisions to
any forward-looking statement.
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SOURCE Copper Mountain Mining Corporation