Moody’s downgrades Imperial as it reviews strategic alternatives on poor H1 output

July 7, 2017

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Imperial Metals is assessing strategic alternatives for its portfolio of base metals mines, based in British Columbia, after announcing that production will not meet guidance, it will breach bank covenants and require additional financing.
The TSX-listed firm reported on Thursday that second-quarter production results from its Red Chris, Mount Polley and Huckleberry (on care and maintenance) copper mines were weaker than expected.

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