A brief overview of molybdenum price developments, supply and demand and significant market movers.
Articles Tagged "NYSE:TC"
Winnipeg Free Press reported that Thompson Creek Metals (NYSE:TC) profited in fourth quarter even though revenues were lower.
Platts reported that Thompson Creek (NYSE:TC) is now producing moly at its British Columbia-based Endako mine.
Reuters reported that Thompson Creek Metals (NYSE:TC) expects production costs to increase in 2012 and output to drop.
Financial Post reported that Thompson Creek Metals (NYSE:TC) is looking for additional funding for two British Columbia-based projects.
The volatility of world markets over the last week has some commodites on a downward trend. Molybdenum, however, is bucking the trend with some impressive gains over the last week.
Ken MacDonald Vice President of Business Strategy and CFO Erdene Resource Development discussed the factors controlling the current molybdenum market.
Wyoming Business Report reported that Thompson Creek Metals (NYSE:TC) will not be developing the Mount Emmons moly deposit in Colorado.
Canadian Business reported that Thompson Creek (NYSE:TC) will not buy a stake in US Energy's moly deposit in Colorado.
The Continental Divide region is arguably the world’s most important moly producing deposits. At full production, these deposits could have a serious impact on world molybdenum supply.