Mount Milligan ships metal

Thompson Creek Metals loaded their first ocean concentrate shipment Nov. 16.

Thompson Creek Metals loaded their first ocean concentrate shipment Nov. 16.

Thompson Creek made the announcement on Nov. 21, and said that based on preliminary weights and assays upon ship loading, this first shipment consisted of 5,530 wet metric tonnes of concentrate containing approximately 2.8 million pounds of copper, 5,540 ounces of gold, and 10,500 ounces of silver.

Thompson Creek said they expect to receive a provisional payment for 90 per cent of the value of the concentrate in early December.

“We are pleased to have loaded our first shipment of concentrate just twelve weeks following the start-up of the Mt. Milligan Mine. This concentrate shipment represents a tremendous milestone for our company and our employees. Looking forward, we expect Mt. Milligan to create substantial value for our company and our shareholders,” said Jacques Perron, chief executive officer of Thompson Creek, in their release, “