Thompson Creek 10-year production outlook raised 26%

Nov 26, 2007 | 09:03 AM | Meghann McDonell

The Thompson Creek Mine in Idaho will produce 26.3 percent more contained molybdenum over the next 10 years than previously expected, Thompson Creek Metals Co. said Monday as part of a revised mining plan for the open-pit operation.

"The new reserve estimate represents the first of a two-part reserves re-evaluation of Thompson Creek Mine's potential and will be followed up with additional drilling that is expected to lead to a second revision of the reserve estimate....





Latest Pricing Trends

Poll

Do you think steel mills will succeed in their efforts to stop selling at a discount to the CRU index?

Yes
No
It’s too early to tell


View previous results

AMM Events