Thompson Creek announces completion of $132 million equipment financing

Thompson Creek Metals Company Inc. (NYSE: TC, TSX: TCM, TCM.WT, TSX-V:TRX.WT, TRX.WT.A) (“Company” or “Thompson Creek”), a growing, diversified North American stage.mining.company, today announced that it has completed a $132 million equipment financing facility with Cat Financial Services Limited (“Cat Financial”), pursuant to which Cat Financial has agreed to underwrite up to $132 million in mobile fleet equipment financing for Thompson Creek’s Mt. Milligan copper-gold mine located in British Columbia (the “Equipment Finance Facility”).

The equipment fleet is expected to include haul trucks, shovels, drills, loaders, dozers and other units of mining support equipment and is expected to be delivered to the Mt. Milligan copper-gold mine throughout 2012.

Comments

No comments found.

{{ commodity.name }}

Contest Ranking Modal BG Contest Ranking Modal BG
Contest Ranking Title

The new Mining Power Rankings are live. Vote for the sector’s leaders in each of the Large-, Small-, and Micro-Cap leagues.

Vote Now