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market news

Endako Mine Life Extended to 2028

Investing News Network
Sep. 21, 2011 06:24PM PST
Industrial Metals Investing

Vanderhoof Omineca Express reported that an increased metals reserve means the Endako moly mine will remain open for two additional years.

Vanderhoof Omineca Express reported that an increased metals reserve means the Endako moly mine will remain open for two additional years.

The market news is quoted as saying:

The new metal deposits that have been discovered should see operations continue until 2028. “The updated reserves estimate illustrates the significant value of the Endako mine,” said  Kevin Loughrey, Chairman and Chief Executive Officer of Thompson Creek in a press release last week.

To read the full market news, click here.

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