The Kitsault Molybdenum Mine - owned 100% by Avanti Kitsault Mine Ltd, is a former producing mine (total production during two prior periods was approximately 30 million pounds of moly) and is considered one of the top-five undeveloped primary molybdenum assets worldwide.
Thompson Creek Metals Company Inc., one of the world’s leading publicly traded, pure molybdenum producers, has scheduled a conference call for analysts and investors to discuss its second-quarter 2009 financial results on Friday, August 7, 2009 at 8:30 a.m. A news release on the results will be issued after markets close on August 6.
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Analysts are slashing long-term price forecasts for molybdenum because of expected weak demand this year and next from producers of carbon, alloy and stainless steel.
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Wednesday, January 6, 2010