billion pounds copper in reserves
million ounces gold in reserves (second largest gold reserve in Canada)
year mine life (life-of-mine strip ratio steady at 0.84/1)
Mt. Milligan is a copper and gold mine located approximately 90 miles northwest of Prince George in central British Columbia, Canada. The Mt. Milligan Mine is a conventional truck-shovel open pit mine and 60,000 tonnes per day copper flotation concentrator. The phased start-up commenced on August 15, 2013, followed by the first production of copper-gold concentrate in September 2013. The mine achieved commercial production on February 18, 2014, defined by the Company as operation of the mill for a period of 30 days at 60% or more of design capacity mill throughput, equivalent to 36,000 tonnes per day. As the ramp-up continues, management expects to achieve 80% of mill throughput design capacity by year-end 2014 and 100% by year-end 2015.