The mining newspaper for Alaska and Canada's North

Imperial Metals chalks a loss for 2014

Imperial Metals Corp. March 31 reported a net loss of C$37.3 million (C50 cents per share) for the year ended Dec. 31, 2014, compared with net income of $41 million (C55 cents per share) in 2013.

This C$68.3 million swing is due to lower metal production and $67.4 million in remediation costs related to failure of the tailings dam Aug. 4 at the Mount Polley Mine in central British Columbia.



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