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Thompson Creek Metals Company Inc.

11:44 AM EST - Thompson Creek Metals Company Inc. : said that it expects capital expenditures to be $298 million U.S. in 2010, which comprised of $89 million U.S. in sustaining capital expenditures and $209 million U.S. for its 75% share of capital expenditures required for the Endako Mine expansion project. The company expects its sustaining capital expenditures in 2009 will total approximately $32 million U.S. The company said that Endako Mine expansion project includes the construction of a new, modern Endako mill, which will replace the existing 45-year-old mill and raise ore-processing capacity from the existing 31,000 tons per day to 55,000 tons per day. The new mill facility will eliminate the need for significant capital expenditures to upgrade and refurbish the existing Endako mill. Thompson Creek Metals Company Inc. shares T.TCM are trading up $0.01 at $12.32.