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.
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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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Thompson Creek Metals of Toronto is planning a 10% molybdenum production and sales boost in 2009 over levels previously announced, thanks to recent improvements in the market.
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Happy Creek Minerals Limited declared additional results from its 100% owned Fox tungsten molybdenum property.
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Thompson Creek Metals Co. has seen demand for molybdenum improving slightly in the remainder of 2009, after having plummeted earlier in the year.
Chief Executive Kevin Loughrey stated:
The market has rebounded slightly and we think we will do a little better than earlier indicated.
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Thompson Creek declared first quarter 2009 financial results. Molybdenum output in the first quarter of 2009 was 6.1 million pounds, up from 5.6 million pounds in the same period a year earlier.
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Molybdenum miner Thompson Creek Metals Co. declared that it does not plan any additional output cuts for now and expects molybdenum prices to rebound in the mid- to long term.
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Miner Thompson Creek has seen a slight firming of demand and prices for its molybdenum in recent weeks. But he cautioned that, while this is encouraging, it is still too early to talk about a recovery.
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Vancouver’s Adanac Molybdenum Corp. declared a 38% surge in contained molybdenum at its Ruby Creek pre-development project near Atlin.
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Willow Creek Enterprises, with plan of operations to conduct mineral exploration activities on the Lori/Mamquam Property in order to assess whether they possess commercially exploitable mineral deposits of copper, and molybdenum, revealed management’s discussion and analysis of its plan of operations.
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Sunday, August 2, 2009