Thompson Creek Metals company celebrates the opening of Mt. Milligan with dedication ceremony
DENVER, CO–(Marketwired – Oct 7, 2013) – Thompson Creek Metals Company Inc. (NYSE: TC) (TSX: TCM) ("Thompson Creek" or the "Company") announced today that the Mt. Milligan Dedication Ceremony will be held on Tuesday, October 8, 2013, at the mine site. The Company expects people from around North America to attend the event, which will include a dedication ceremony, lunch reception and site tours. Dignitaries expected to attend the event include the Honorable Bill Bennett, British Columbia Minister of Energy & Mines, the Honorable Shirley Bond, Minister of Jobs, Tourism and Skills Training, and Mike Morris, Member of the Legislative Assembly for Prince George.
Kevin Loughrey, Chairman and Chief Executive Officer of Thompson Creek, said, "This is a momentous occasion for our Company, employees, and stakeholders throughout the communities of the region. All of our employees are committed to operate the mine safely and in a responsible manner, so that Mt. Milligan is a valuable asset not only to our Company, but also to all of British Columbia. We are pleased to have contributed to the creation of more than 400 permanent jobs at Mt. Milligan and remain committed to foster future prosperity in the region. We thank our employees, contractors, regional First Nations, and the many people of the Province who contributed to our success."
The Company previously announced that the phased start-up of the operation commenced on August 15, 2013, followed by the production of copper and gold concentrate beginning in September 2013. Concentrate movement from site to the Company's Mackenzie load out facility commenced on September 24, 2013. Concentrate will continue to be accumulated and stored at site and the load out facility until transported for off-site smelting and refining. The first rail movement from Mackenzie to Vancouver is expected to occur in October, followed by the first ocean shipment to a smelter later in the quarter.
Through September 30, 2013, the mill has produced approximately 1,600 tonnes of saleable concentrate having a specification of approximately 24% copper and 31 grams of gold per tonne. The average throughput rate has been 1,500 to 2,000 tonnes per hour. Start-up of the second ball mill, along with its primary related flotation circuit, and the pebble crusher is expected to occur this month. The full production design throughput rate for the mill is 60,000 tonnes per day.
About Thompson Creek Metals Company Inc.
Thompson Creek Metals Company Inc. is a growing, diversified North American mining company. The Company's principal operating properties are its 100%-owned Thompson Creek Mine, an open-pit molybdenum mine and concentrator in Idaho, its 100%-owned Mt. Milligan mine, an open-pit copper and gold mine and concentrator in British Columbia, a 75% joint venture interest in the Endako Mine, an open-pit molybdenum mine, concentrator and roaster in British Columbia, and the Langeloth Metallurgical Facility in Pennsylvania. The Company's development projects include the Berg property, a copper, molybdenum, and silver exploration property located in British Columbia and the Maze Lake property, a gold exploration project located in the Kivalliq District of Nunavut, Canada. The Company's principal executive office is located in Denver, Colorado. More
information is available at www.thompsoncreekmetals.com.