Mt. Milligan to begin production

Mount Milligan Mine is expected to begin production this month.

Mount Milligan Mine is expected to begin production this month.

The primary crusher and conveyor have already been commissioned and the concentrator is ready for a phased start-up.

Commercial production, however, will take a bit longer, as everything gets rolling, with commercial production in the fourth quarter and then another 12 months or “ramping up” before full production capacity is reached.

Thompson Creek Metals reported a fairly strong second quarter relative to previous quarters in 2013 and 2012, and share prices went from $2.88 to $3.00 overnight as a result.

Mt. Milligan is expected to begin at a lower rate of operation, but once full production is in effect, the projection estimate is for the mine to produce 89 million pounds of copper and 262,000 ounces of gold a year over the first six years, with these amounts dropping to 81 million pounds and 194,000 ounces of gold per year after this.

 

Just Posted

RCMP officer cleared in Prince George arrest

A suspect’s leg was fractured in 2015 incident

New cut level set for Prince George Timber Supply Area

This represents a 33% decrease from the allowable annual cut of 12.5 million cubic metres set in 2011.

Work camp west of Tchesinkut Lake

TransCanada to build work camp near Burns Lake, possibly Vanderhoof

No one should go hungry, Support your local Food Bank

When it comes to the basics, food is at the top of… Continue reading

BC Ferries restricts passengers from lower vehicle decks

The new regulations will no longer allow passengers to remain in their vehicles on closed car decks.

VIDEO: Sears liquidation sales continue across B.C.

Sales are expected to continue into the New Year

Ex-employee describes alleged sexual assault by B.C. city councillor

Complainant was a teen during the alleged 1992 incident

Amazon gets 238 proposals for 2nd headquarters

Submissions were due last week. Online retailer has said tax breaks and grants would be factors

Justin Timberlake invited back to Super Bowl halftime show

A ‘wardrobe malfunction’ with Janet Jackson caused a national controversy during his last appearance

A scary box office weekend for everyone but Tyler Perry

‘Boo 2! A Madea Halloween’ scared up a healthy $21.7 million in its first weekend in theatres

Even as long-form census data returns, Statcan readies for day without it

Wednesday’s release is expected to show immigrants making up a larger share of the population

B.C. VIEWS: Horgan fumbles salmon farm threat

Lana Popham falls for anti-aquaculture propaganda

WATCH: 10,000 signatures gained to stop ‘no pets’ rental policy

Pets OK BC said about 1,700 animals were surrendered to the BC SPCA last year due to housing issues

Silver Creek reacts after remains found, man arrested

Neighbours of property where remains were found say man arrested was sweet and polite

Most Read