Copper Mountain shuts BC mine after ransomware attack

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There was no immediate word on damage, any computer systems held hostage, the identity of the attackers or dollar amounts they sought.

“The company has isolated operations, switched to manual processes where possible, and the mill has been preventatively shutdown to determine the effect on its control system,” Copper Mountain said in the release.

“The company’s external and internal IT teams are continuing to assess risks and are actively establishing additional safeguards to mitigate any further risk,” it said. “Copper Mountain is investigating the source of the attack and is in contact with the relevant authorities.”

Shares in Copper Mountain dropped 5.5% Friday morning in Toronto to C$1.72 each, within a 52-week range of C$1.23 and C$4.38, valuing the company at C$362 million.

Copper Mountain owns three-quarters of the open-pit mine near Princeton about 300 km east of Vancouver. The operation produces an average…

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