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Molybdenum miner in pretty financial position

Thompson Creek Metals Company Inc., which operates the Endako mine west of Prince George,said Friday it has increased its financial flexibility by voluntarily terminating an existing $35 million credit facility.

Thompson Creek Metals Company Inc., which operates the Endako mine west of Prince George,said Friday it has increased its financial flexibility by voluntarily terminating an existing $35 million credit facility.

The credit was established when the Company was in a substantially different financial position and which is no longer meeting its business needs, said the company.

For more on this story, see the Citizen.


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