DENVER, Nov. 30, 2015 /PRNewswire/ - Thompson Creek
Metals Company Inc. (NYSE: TC) (TSX: TCM) ("Thompson Creek" or the
"Company") today announced that from November 1 – 28, 2015, daily mill throughput at
Mount Milligan Mine averaged 52,457 tonnes, with a high on
November 25 of 61,579 tonnes.
This represents a significant improvement compared to the average
daily mill throughput of 44,077 tonnes during the third quarter of
2015. During the period November
24 – 28, average daily mill throughput was 59,066
tonnes. On November 25, 2015,
the mine achieved production of 156,476 total tonnes moved, which
represents a daily record since commencement of
operations.
Jacques Perron, President and
Chief Executive Officer of Thompson Creek, said, "Since the
installation of the second SAG discharge screen deck in late
October, we have experienced weekly improvements in mill
throughput. We are very pleased with the progress to date and
expect additional improvements through the remainder of the year as
the SAG mill liners wear in and the mill operating conditions are
optimized."
The Company also announced that Mr. Perron will be presenting at
the following investor conferences:
- Goldman Sachs Global Metals & Mining Conference to be held
in New York. Mr. Perron will present on Tuesday, December 1, at 2:30 pm EST.
- Scotiabank Mining Conference to be held in Toronto. Mr.
Perron will co-host a panel discussion on December 2, beginning at 1:50 pm EST.
About Thompson Creek Metals Company Inc.
Thompson Creek Metals Company Inc. is a North American mining
company. The Company's principal operating property is its
100%-owned Mount Milligan mine, an open-pit copper and gold mine
and concentrator in British
Columbia. The Company's molybdenum assets consist of its
100%-owned Thompson Creek Mine, an open-pit molybdenum mine and
concentrator in Idaho, its 75%
joint venture interest in the Endako Mine, an open-pit molybdenum
mine, concentrator and roaster in British
Columbia, and its Langeloth Metallurgical Facility in
Pennsylvania. The Company's development project is the Berg
property, a copper, molybdenum, and silver exploration property
located in British Columbia. The
Company's principal executive office is located in Denver, Colorado. More information is
available at www.thompsoncreekmetals.com.
Cautionary Note Regarding Forward-Looking Statements
Certain statements in this news release, other than purely
historical information are "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995,
Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934, and applicable Canadian securities
legislation and are intended to be covered by the safe harbor
provided by these regulations. These forward-looking statements
can, in some cases, be identified by the use of such terms as
"believe," "project," "expect," "anticipate," "estimate," "intend,"
"strategy," "future," "opportunity," "plan," "may," "should,"
"will," "would," "will be," "will continue," "will likely result,"
and similar expressions. Our forward-looking statements may
include, without limitation, statements with respect to: future
financial or operating performance of the Company or its
subsidiaries and its projects; future earnings and operating
results; statements as to the projected ramp-up at Mount Milligan
Mine, including expected achievement of design capacities; and
future operating plans and goals.
Where we express an expectation or belief as to future events or
results, such expectation or belief is expressed in good faith and
believed to have a reasonable basis. However, our forward-looking
statements are based on current expectations and assumptions that
are subject to risks and uncertainties, which may cause actual
results to differ materially from future results expressed,
projected or implied by those forward-looking statements. Important
factors that could cause actual results and events to differ from
those described in such forward-looking statements can be found in
the section entitled "Risk Factors" in our 2014 Form 10-K,
Quarterly Reports on Form 10-Q and other documents filed on EDGAR
at www.sec.gov and on SEDAR at www.sedar.com. Although we have
attempted to identify those material factors that could cause
actual results or events to differ from those described in such
forward-looking statements, there may be other factors, currently
unknown to us or deemed immaterial at the present time that could
cause results or events to differ from those anticipated, estimated
or intended. Many of these factors are beyond our ability to
control or predict. Given these uncertainties, the reader is
cautioned not to place undue reliance on our forward-looking
statements. We undertake no obligation to update or revise publicly
any forward-looking statements, whether as a result of new
information, future events or otherwise.
SOURCE Thompson Creek Metals Company Inc.