Thompson Creek cuts moly production forecast again
Dec 13, 2007 | 05:43 AM
| Meghann McDonell
Thompson Creek Metals Co., Toronto, has revised its 2007 production forecast down by 9 to 12 percent to account for a rockslide at its Endako Mine in British Columbia and lower ore grades at its Thompson Creek Mine in Idaho, the company said Thursday.
Full-year molybdenum production is now projected at 15.9 million pounds, down from its previously adjusted forecast of 17.5 million to 18 million pounds.
The company expects fourth-quarter production to total 3 million pounds, down from a previous estimate of 4.5 million to 5 million pounds.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.