Highlights

  • Imperial Metals’ Red Chris mine produced 93.1M lbs copper and 92.4K oz gold in 2025.
  • Imperial’s 30% share in Red Chris increased to 27.9M lbs copper and 27.7K oz gold.
  • 2026 production at Red Chris expected lower due to lower grade ore and stockpile processing.

Imperial Metals Corporation (TSX:III) reported full-year 2025 metal production from its Red Chris mine at 100% basis of 93,101,213 lbs of copper and 92,429 oz of gold. This compares with 85,320,618 lbs of copper and 59,811 oz of gold produced in 2024. Higher grades for both metals, along with improved gold recovery, contributed to the increase. The mine exceeded its 2025 guidance of 88M lbs copper and 86,000 oz gold.

Imperial’s 30% share of Red Chris production amounted to 27,930,364 lbs of copper and 27,729 oz of gold, up from 25,596,185 lbs of copper and 17,943 oz of gold in 2024.

2026 Production Guidance
For 2026, Newmont Mining Corporation projects Red Chris mine production on a 100% basis of 60–66M lbs copper and 47,500–52,500 oz gold. Both copper and gold output are expected to decline as the mining sequence will focus on lower-grade ore and stockpile processing while preparing for the next open-pit mining phase.

Expansion and Feasibility Updates
The Red Chris feasibility study for a block cave expansion operation is advancing, alongside permitting activities for the underground project. Completion of the feasibility study and potential joint venture approval is anticipated in the second half of 2026.

Corporate Overview
Imperial Metals is a Vancouver-based exploration, mine development, and operating company with holdings that include the Mount Polley mine (100%), Huckleberry mine (100%), and a 30% interest in Red Chris. The company also holds 23 greenfield exploration properties in British Columbia.

Share Performance
Imperial Metals Corp shares fall 1.21 percent to 9.83 CAD on 19 Feb 2026.

With production guidance indicating a temporary decline in output, Imperial Metals is navigating 2026 with ongoing feasibility and permitting work for potential Red Chris expansion. Market participants will monitor production sequence and operational milestones closely.

FAQs

Q1. What was Imperial Metals’ 30% share of Red Chris production in 2025?
Imperial Metals’ share was 27.9M lbs copper and 27.7K oz gold.

Q2. What is Red Chris mine’s 2026 guidance?
Copper is projected at 60–66M lbs and gold at 47,500–52,500 oz.

Q3. What expansion projects are in progress at Red Chris?
A feasibility study for a block cave expansion and permitting activities are underway.