Clients

Thompson Creek Metals Company Inc.

Headquarters

401 Bay Street
P.O. Box 118
Suite 2010
Toronto, Ontario
M5H 2Y4 Canada

Telephone

(416) 860-1438

Fax

(416) 860-0813

Email

info@tcrk.com

Website

www.thompsoncreekmetals.com

For additional info., contact


Montréal

Telephone: (514) 939-3989
Fax: (514) 939-3717

Toronto

Telephone: (416) 644-2020
Fax: (416) 644-2021

Financial Information

Stock Symbol (TSX):
TCM.T
Stock Symbol (NYSE):
TC
Current Price:
13.28
Current Volume:
1,054,177
52 Week High / Low :
16.50 / 4.64
Shares Outstanding :
139,232,000
Fully Diluted Shares:
168,777,000
Est. Market Float:
-
Market Cap.:
1,849,000,960
EPS last 3 months:
(0.00)
EPS Trailing 12 months:
0.09
Long-Term Debt:
10,600,000
Financial Year-End:
December 31
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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 Denver, Colorado, and it has another executive office in Toronto, Ontario.

Third Quarter 2009 Overview (all in U.S. dollars):

  • Net income in the third quarter was $19.7 million or $0.16 per basic and $0.14 per diluted share, compared with a net loss in the second quarter of $0.4 million or $0.00 per basic and diluted common share. The improved financial results were due to both higher realized prices and an increase in sales of molybdenum from the Company’s mines to 7.4 million pounds in the third quarter from 6.5 million in the second quarter..
  • Molybdenum production was 6.2 million pounds in the third quarter of 2009, down from 6.7 million pounds in the second quarter. The reduction was due to a planned two-week shutdown of both mines during the third quarter.
  • Weighted-average cash cost per pound produced rose to $5.67 per pound in the third quarter from $5.21 per pound in the second quarter.
  • 2009 guidance for molybdenum production has been revised to 24 to 26 million pounds (versus previous guidance of 22 to 26 million pounds). Sales of molybdenum produced at the Company’s mines this year are expected to be 26 to 27 million pounds (up from previous guidance of 22 to 26 million pounds). The guidance range for cash cost per pound produced has been narrowed to $5.80 to $6.30 per pound (from previous guidance of $5.75 to $7.00 per pound).
  • For 2010, the Company expects molybdenum production will be 29 to 32 million pounds and cash cost per pound produced is estimated at $6 to $7 per pound. Sales of molybdenum produced at the Company’s mines are expected to be 27 to 30 million pounds.
  • Total cash, cash equivalents and short-term investments at September 30, 2009 were $478.2 million, including $194.6 million in net proceeds from an equity issue completed in the third quarter. Total debt at quarter-end was $14.3 million.
  • Average realized price on molybdenum and upgraded product sales was $12.75 per pound in the third quarter, up from $9.41 per pound in the second quarter and $10.14 per pound in the first quarter of 2009.
  • Total capital expenditures were $47.5 million in the first nine months of 2009 and guidance for the full year has been revised to $61 million (from previous guidance of $80 million).

 

Management

Kevin Loughrey
Chairman of the Board of Directors & Chief Executive Officer

Ian J. McDonald
Vice-Chairman of the Board of Directors

Pamela L. Saxton
Chief Financial Officer & Vice-President, Finance

S. Scott Shellhaas
Vice-President & Chief Operating Officer

Mark A. Wilson
Vice-President, Sales & Marketing

Dale Huffman
Vice-President, General Counsel & Secretary

Kenneth W. Collison
Operations Consultant

Wayne Cheveldayoff
Director of Investor Relations

Board of Directors

Kevin Loughrey
Chairman of the Board of Directors

Ian J. McDonald
Vice-Chairman of the Board of Directors

Timothy J. Haddon
Lead Director

Denis C. Arsenault
Director

Kerry J. Knoll
Director

James P. Geyer
Director

Thomas J. O'Neil
Director

James L. Freer
Director

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