Before we begin discussing our second quarter results -- so therefore, before we start looking at the slides, I want to make a statement with respect to our recent performance. Clearly, we've had a difficult first half of the year, and while it's true that there have been some factors beyond our control, such as moly price, which has had a negative impact upon us, we have also, in some cases, not performed as well as we would have hoped. I hasten to add, however, that despite some operational difficulties, the most important thing we do is to send everyone who visits our properties home safely each day. In this effort, we are performing very well, and our safety performance continues a several-year pattern of improvement. In difficult times, companies are often accused of cutting back on safety, but for us, it remains our number one priority.At the Thompson Creek Mine, we had an unanticipated problem with a pit wall that caused us to curtail production for a time and then to revise our mine plan to ensure safe operation. These actions had a negative impact on our first half production from the mine. We have since moved into higher grade portion of the ore body, and we expect that we will make up much of that lost production and we expect to produce, for the full year at Thompson Creek, within the guidance we have previously provided.
Thompson Creek Metals Management Discusses Q2 2012 Results - Earnings Call Transcript
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