Name and Location
Mt Milligan copper/gold project, British Columbia, Canada.

Client
Thompson Creek Metals Company.

Project Description
The Mt Milligan copper/gold project is a conventional truck-shovel openpit mine, located 155 km north-west of Prince George, in British Columbia.

The plan is to build a 60 000 t/d copper flotation concentrator at the mine, where an average metal production of 81-million pounds of copper and 194 000 oz/y of gold is targeted. The mine plan has also been designed to enable the extraction of higher-grade and gold-rich reserves in the early years. In the first six years, gold production will average 262 100 oz/y and account for 55% of the revenue.
The project has an estimated 22-year mine life.

Value
C$1.57-billion.

Duration
Commercial production is expected to start in late 2013.

Latest Developments
The phased start-up at Mt Milligan has started with the first feed to the concentrator.

Routine testing and the commissioning of all equipment and process circuits will continue in the start-up period, with concentrate production expected within the next several weeks. The company expects to reach commercial production in the fourth quarter of this year.

Key Contracts and Suppliers
Wardrop Engineering (feasibility study report, engineering design and procurement contract); ABB Switzerland (gearless mill-drive system and two dual-pinion mill drive systems); Siemens (three transformers); and British Columbia Mining – a 50:50 joint venture (JV) between Fluor Canada and Amec Americas (engineering, procurement and construction management (EPCM) services).

On Budget and on Time?
Not stated.

Contact Details for Project Information
ABB Switzerland, tel +41 4 3317.
Amec investor relations, email investors@amec.com.
Fluor Canada, tel +1 403 537 4000 or +1 604 488 2000; or fax +1 403 537 4222 or +1 604 488 0582.
Terrane Metals investor relations, tel +1 604 681 9930, fax +1 604 630 2090 or email info@terranemetals.com.
Thompson Creek Metals Company investor relations director Pamela Solly, tel +1 303 762 3520 or
email psolly@tcrk.com.
Wardrop Engineering media and public relations VP Stephen Segal, tel +1 204 988 0505 or
email stephen.segal@wardrop.com.