- Home
- Corporate
- Operations
- Exploration
- Shareholders
- Careers
- Site Map
- Contact
- Legal Notice
- Privacy Statement
Copyright © 2024
Imperial Metals
All rights reserved.
Imperial Metals
All rights reserved.
Our history dates back to December 1959 when Imperial Metals & Power Ltd. was incorporated in British Columbia. Over the past six decades, Imperial has undergone several transitions to become the Company we are today. In 1995 Imperial merged with Bethlehem Resources Corporation, in 2002 the Company completed a corporate reorganization and divested its oil and gas assets with a renewed focus on base metals, and in 2007 the Company acquired the Red Chris project.
Imperial has been operating mines in the province since 1991. Mount Polley (100% Imperial subsidiary) and Red Chris (30% Imperial subsidiary) mines are in operation and Huckleberry Mine (100% Imperial subsidiary) is on care and maintenance. All three mines have substantial mineral resources.
In March 2019 Imperial embarked on a major transition with an agreement to sell a 70% interest in the Red Chris asset to Newcrest Mining Limited. In August 2019, the Company and formed a joint venture for the operation of the Red Chris mine with Newcrest becoming operator of the mine and Imperial retaining a 30% joint venture interest. Newmont Corporation acquired Newcrest in November 2023 and is now our JV partner and the operator of Red Chris mine.
Imperial is well positioned to benefit from a strong copper market with 43-101 supported measured and indicated copper resources of about 5 billion pounds. We remain focused in British Columbia, where we have worked with local communities, First Nations partners, and our province for decades.