NEW YORK Thompson Creek
Metals Co. is one step closer to starting up its Mount Milligan
copper-gold mine in British Columbia later this year.
The Denver-based mining company
received approval from the Department of Fisheries and Oceans
in Canada for its fish habitat compensation plan, leaving no
outstanding permits or authorizations required to begin
operations, Thompson Creek said.
This keeps the company on track
to start operations in the third quarter of 2013, with
commercial copper and gold production due in the fourth
"We are extremely pleased to
have received this approval and are committed to working with
all levels of government and communities to maintain the
highest standards of environmental stewardship," Thompson Creek
chairman and chief executive officer Kevin Loughrey said in a
The company has forecast
production at 89 million pounds of copper and 262,000 ounces of
gold for the first six years of operation (
amm.com, Nov. 9).
The Mount Milligan Mine has an
estimated life of 22 years.