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Reuters reported that Thompson Creek Metals (NYSE:TC) expects production costs to increase in 2012 and output to drop.
Reuters reported that Thompson Creek Metals (NYSE:TC) expects production costs to increase in 2012 and output to drop.
As quoted in the market news:
The metal miner expects to produce 16 million to 17 million lbs of the hardening and anti-corrosion metal at its Thompson Creek molybdenum mine in Idaho and 10 million to 11 million lbs at its Endako mine in British Columbia for a total of 26 million to 28 million lbs of contained molybdenum during 2012.