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June 8, 2009 (FinancialWire) -- Thompson Creek Metals Co. Inc. (NYSE: TC | Quote | Chart | News | PowerRating) said that, in conjunction with the closing of the company's Vancouver office, Ken Collison, Thompson Creek's chief operating officer, has chosen not to relocate to Denver and will be resigning from his position with the company later this year following the appointment of a successor.
Company CEO Kevin Loughrey said that Collison has agreed to continue with the company for a transition period after a new COO is appointed, and he may subsequently stay on longer in a consulting role to help with certain projects.
Toronto-based Thompson Creek Metals is a pure molybdenum producer that 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 has two underground molybdenum deposits, the Davidson Deposit near Smithers, British Columbia, and the Mount Emmons Deposit near Crested Butte, Colorado. The company has around 750 employees. Its principal executive office is in Denver, Colorado, and it has other executive offices in Toronto, Ontario and Vancouver, British Columbia.
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Free annual reports for companies mentioned in the news are available through the Free Annual Reports Service (http://investrend.ar.wilink.com/?level=279).
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