Analyst Actions: Desjardins Keeps Rating, TP on Thompson Creek

By Staff,

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Desjardins Securities analyst John Hughes said in a research note today that all aspects of construction of Thompson Creek Metals Co. Inc.'s (TCM.TO) Mount Milligan copper-gold project in central British Columbia are on schedule to allow production start-up in the fourth quarter of 2013, The Globe and Mail reports.

"There are no metallurgical concerns as ore has been extensively tested and a high-quality, saleable copper-gold concentrate is expected," he said.

Desjardins maintained a "buy-average risk" rating and $9.10 price target.

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This article appears in: Investing Commodities
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