Terrane Metals Corp.
HOME      CONTACT US      QWIKREPORT    


Flash Player is required to play this animation

On July 15, 2010, Terrane Metals Corp. ("Terrane") announced an agreement whereby Thompson Creek Metals Company Inc. ("Thompson Creek") will acquire Terrane and its assets through a Plan of Arrangement. The announcement has raised some questions and concerns, and we at Terrane want to ensure that we do our best to provide some clarity for our valued shareholders and stakeholders...

(Read More...)

Terrane Metals Corp is a Canadian mineral development and exploration company. The cornerstone of our business plan is to develop large-scale mineral deposits with defined resources into operating mines. Our Key assets are the Mt. Milligan copper-gold project and the Berg copper-molybdenum-silver project, both in central British Columbia, Canada.

Terrane is focused on the future commercial development of the large-scale copper and gold reserve at Mt. Milligan, British Columbia. Mt. Milligan has an open pit reserve of 2.1 billion lb contained copper and 6.0 million oz contained gold. Upon development the project will have an average annual production of 262,100 oz gold and 89 million lb copper for the first six years of a 22.1 year mine life. At Mt. Milligan Terrane has completed a Feasibility Update Study demonstrating economic viability and secured long lead-time capital equipment. Terrane has received an Environmental Assessment (EA) Certificate and a Mines Act Permit from the province of British Columbia and the Environmental Assessment (EA) approval from the government of Canada.

Cu
$US 3.38
Au
$US 1,121
FX
0.96
NPV 0%
5,246 million
NPV 5%
2,613 million
IRR %
30.0%
Payback yrs
2.2 yr
 
*Economic indicators are based on the estimates of capital, operating cost, and metal production as forecast in the Oct 13, 2009 Feasibility Update Study press release. NPV's are calculated from the time of start of construction. Initial capital cost (C$915M) has not been adjusted to reflect any cost escalation or de-escalation or change in exchange rate, and remains as per estimates in the Feasibility Update Study.

TRX-TSX.V
Last: 1.36
High: 1.37
Low: 1.34
Vol: 1467744
15-20 min delay
Refresh quote

Jul 15, 2010:  News Releases:  Thompson Creek Metals Company Inc. Enters into Agreement to Acquire Terrane Metals Corp.
(more...)
Jun 14, 2010:  News Releases:  Terrane Selects AMEC-Fluor To Build Mt. Milligan
(more...)
Jun 03, 2010:  News Releases:  First Phase Of Construction Commences At Mt. Milligan
(more...)
May 20, 2010:  News Releases:  Terrane Finalizes Contracts for Long Lead-Time Equipment
(more...)

Oct 15, 2009: Conference Call
Terrane Feasibility Update Study Results on the Mt. Milligan Gold-Copper Project
Click to Listen

Oct 14, 2009: Interview - BNN
Click to View Video
Robert Pease President and CEO interviewed by Andrew Bell on the Commodities Report.
 
May 27, 2008: BNN Interview
Click to View Video
Rob Pease President and CEO of Terrane along with Chuck Jeannes President and CEO of Goldcorp discuss the Mt. Milligan Joint Venture Option Agreement.
RSS Feed
Adnet Communications Inc.