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Thompson Creek Metals Co Inc.

Publié le 10 mai 2010

Election Of Carol T. Banducci To Board Of Directors

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Mots clés associés :   Canada | Euro | K Street |

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Thompson Creek Metals Company

THOMPSON CREEK ANNOUNCES ELECTION OF CAROL T. BANDUCCI

TO BOARD OF DIRECTORS

Toronto, ON - MAY 10, 2010 - TSX: TCM / NYSE: TC - Thompson Creek Metals Company Inc. (�Company�), one of the world�s largest publicly traded, pure molybdenum producers, today announced that Carol T. Banducci was elected at the Company�s Annual Meeting of Shareholders on May 6, 2010 to the Board of Directors along with continuing directors Chairman Kevin Loughrey, Lead Director Timothy J. Haddon, Denis C. Arsenault, James L. Freer, James P. Geyer and Thomas J. O�Neil.

�We are extremely pleased to have attracted Carol T. Banducci, Chief Financial Officer of IAMGold Corporation, to serve on the Thompson Creek Board of Directors,� said Kevin Loughrey, Chairman and Chief Executive Officer.

�We also would like to thank departing directors Ian J. McDonald and Kerry J. Knoll for their outstanding contribution to the Company�s growth and development over the years. Both decided to not stand for re-election.�

Ms Banducci has more than 20 years of financial management and strategic leadership experience with leading global companies. She was appointed Senior Vice President and Chief Financial Officer of IAMGOLD Corporation, mid-tier gold mining company, in July 2007 and was promoted to Executive Vice President and Chief Financial Officer in July 2009. From November 2005 through June 2007, Ms. Banducci was Vice President, Financial Operations and a director (from 2006 to 2007) of Royal Group Technologies, where she led comprehensive integration, restructuring and cost improvement initiatives. Ms. Banducci is a director of Euro Ressources SA, a French company focused on precious metal royalties. She was engaged as a consultant from 2004 through to October 2005, where she used her extens ive financial experience and advised companies on their restructuring needs. Prior to 2004, Ms. Banducci was Vice President and Chief Financial Officer of Canadian General-Tower Limited, and held other senior level finance positions with the world�s leading suppliers of explosives and blasting technology, including Vice President and Chief Financial Officer of Orica Explosives North America; Vice President, Finance and Information Technology and Chief Financial Officer of ICI Explosives Canada & Latin America; International Controller of ICI International Explosives; and Treasurer of ICI Canada Inc. Ms. Banducci has extensive experience in strategic planning, financial reporting, treasury, tax, mergers and acquisitions, pension fund asset management, insurance and information technology. She holds a Bachelor of Commerce degree from the University of Toronto.

About Thompson Creek Metals Company Inc.

Thompson Creek Metals Company Inc. is one of the largest publicly traded, pure molybdenum producers in the world. The Company owns the Thompson Creek open-pit molybdenum mine and mill in Idaho, a metallurgical roasting facility in Langeloth, Pennsylvania and a 75% share of the Endako open-pit mine, mill and roasting facility in northern British Columbia. Thompson Creek is evaluating the Mount Emmons Deposit, a high-grade underground molybdenum deposit near Crested Butte, Colorado. Thompson Creek has an option to acquire up to 75% of the property. The Company is continuing to pursue permitting of the Davidson Deposit, a high-grade underground molybdenum deposit near Smithers, B.C. The Company has approximately 750 employees. Its principal executive office is in D enver, Colorado, and it also has an office in Toronto, Ontario. More information is available at www.thompsoncreekmetals.com.

Cautionary Note Regarding Forward Looking Statements

This news release contains ��forward-looking information�� within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities legislation which may include, but is not limited to, statements with respect to the future financial or operating performance of the Company, its subsidiaries and its projects, the future price of molybdenum, currency fluctuations, energy price fluctuations, the estimation of mineral reserves and resources, the realization of mineral reserve estimates, the timing and amount of estimated future production, costs of production, capital, operating and exploration expenditures, costs and timing of the development of new deposits, costs and timing of future exploration, requirements for additional capital, government regulation of mining operations, environmental risks, reclamation expenses, title disputes or claims a nd limitations of insurance coverage. Often, but not always, forward-looking statements can be identified by the use of words such as ��plans��, ��expects��, ��is expected��, ��budget��, ��scheduled��, ��estimates��, ��forecasts��, ��intends��, ��anticipates��, or ��believes�� or variations (including negative variations) of such words and phrases, or state that certain actions, events or results ��may��, ��could��, ��would��, ��might�� or ��will�� be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company and/or its subsidiaries to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others, risks related to general business, economic, competitive, political and social uncertainties including the current global recessionary ec onomic conditions, the associated low molybdenum prices and the levels of disruption and continuing illiquidity in the credit markets; risks related to foreign currency fluctuations; risks related to the volatility of the Company�s share price; changes in environmental regulation; the actual results of current exploration activities; actual results of reclamation activities; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; possible variations of ore grade or recovery rates; impurities and toxic substances in the mined material, failure of plant, equipment or processes to operate as anticipated; the age of the Langeloth Facility; structural integrity and old equipment at the Endako Mine; accidents, labor disputes and other risks of the mining industry; access to skilled labor; relations with employees; dependence upon key management personnel and executives; political instability, insurrection or war; disruption of transporta tion services; increased transportation costs and delays in obtaining governmental permits and approvals, or financing or in the completion of development or construction activities, as well as those factors discussed in the section entitled ��Risk Factors�� in the current Annual Report on Form 10-K, as amended, and subsequent documents filed on EDGAR at www.sec.gov and on SEDAR at www.sedar.com. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking statements contained herein are made as of the date of this news release and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new informati on, future events or results or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.

Readers should refer to Thompson Creek�s current Annual Report on Form 10-K, as amended, which is available on SEDAR at www.sedar.com and EDGAR at www.sec.gov and other continuous disclosure documents available at www.sedar.com and www.sec.gov for further information on ore reserves and mineralized material, which is subject to the qualifications and notes set forth therein.

 

Contact

Thompson Creek Metals Company Inc.
Wayne Cheveldayoff
Director of Investor Relations
Tel.: (416) 860-1438
Toll free: 1 (800) 827-0992
wcheveldayoff@tcrk.com

Renmark Financial Communications Inc.
Dan Symons: dsymons@renmarkfinancial.com
Barry Mire: bmire@renmarkfinancial.com
Media - Lynn Butler: lbutler@renmarkfinancial.com
Tel.: (514) 939-3989 or (416) 644-2020 www.renmarkfinancial.com

 

Renmark Financial Communications Inc.

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Disclaimer: This correspondence is not to be construed as an offer to buy or sell securities or options. Renmark does not have any interest, directly or indirectly, in the Company or its securities, or any right or intent to acquire such an interest. We support best practices in responsible e-mail marketing and respect your right to be removed from this campaign. Should you no longer wish to receive e-mails from us, please reply to this e-mail, indicating "Unsubscribe" in the subject line.
Données et statistiques pour les pays mentionnés : Canada | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous

Thompson Creek Metals Co Inc.

PRODUCTEUR
CODE : TCM.TO
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Thompson Creek est une société de production minière d'or et de cuivre basée au Canada.

Thompson Creek est productrice d'or, de cuivre, de molybdène au Canada, en développement de projets de cuivre, de molybdène et d'or au Canada, et détient divers projets d'exploration au Canada.

Ses principaux projets en production sont ENDAKO et THOMPSON CREEK MINE au Canada, ses principaux projets en développement sont DAVIDSON (YORKE-HARDY) et MOUNT MILLIGAN au Canada et ses principaux projets en exploration sont MAZE LAKE, BERG et HOWARDS PASS au Canada.

Thompson Creek est cotée au Canada et en Allemagne. Sa capitalisation boursière aujourd'hui est 149,3 millions CA$ (111,4 millions US$, 102,3 millions €).

La valeur de son action a atteint son plus haut niveau récent le 15 juillet 2011 à 9,88 CA$, et son plus bas niveau récent le 22 janvier 2016 à 0,16 CA$.

Thompson Creek possède 222 780 000 actions en circulation.

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TORONTO (TCM.TO)FRANKFURT (A6R.F)
0,670+3.08%0,433-0.69%
TORONTO
CA$ 0,670
21/10 14:59 0,020
3,08%
Cours préc. Ouverture
0,650 0,650
Bas haut
0,650 0,670
Année b/h Var. YTD
 -  -
52 sem. b/h var. 52 sem.
- -  0,670 -%
Volume var. 1 mois
192 028 -%
24hGold TrendPower© : 20
Produit Molybdenum
Développe Copper - Gold - Molybdenum
Recherche Copper - Gold - Molybdenum - Silver
 
 
 
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