Moly Investing News » Thompson Creek Raises Production, Sales Estimates 10%

Thompson Creek Raises Production, Sales Estimates 10%

June 9, 2009 @ 12:23 pm In Moly Company News,Moly Market News

One of the world's largest publicly traded, pure molybdenum producers, Thompson Creek TSE: TCM, today announced changes to its 2009 estimates for molybdenum sales, molybdenum production and cash production costs.

"In response to the recent improvements in the molybdenum market, the Company is making operational adjustments at its mines that will result in molybdenum production and sales in 2009 being approximately 10% higher than previously announced estimates," said Kevin Loughrey, Chairman and Chief Executive Officer.

For the full press release click here. ^[1]

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[1] For the full press release click here.: http://www.thompsoncreekmetals.com/s/NewsReleases.asp?ReportID=351968&_Type=&_Title=Thompson-Creek-Announces-Changes-To-2009-Operating-Plans