Thompson Creek Reports Q4 Profit
Winnipeg Free Press reported that Thompson Creek Metals (NYSE:TC) profited in fourth quarter even though revenues were lower.
Articles Tagged "NYSE:TC"
Moly Production Achieved at Thompson Creek Mine
Platts reported that Thompson Creek (NYSE:TC) is now producing moly at its British Columbia-based Endako mine.
Thompson Creek Sees 2012 Moly Output Down, Costs Up
Reuters reported that Thompson Creek Metals (NYSE:TC) expects production costs to increase in 2012 and output to drop.
Thompson Creek Seeking More Financing as Molybdenum Market Weakens
Financial Post reported that Thompson Creek Metals (NYSE:TC) is looking for additional funding for two British Columbia-based projects.
Molybdenum Makes Gains Despite Market Downturn
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.
Molybdenum’s Long Term Potential
Ken MacDonald Vice President of Business Strategy and CFO Erdene Resource Development discussed the factors controlling the current molybdenum market.
U.S. Energy Loses Molybdenum Partner
Wyoming Business Report reported that Thompson Creek Metals (NYSE:TC) will not be developing the Mount Emmons moly deposit in Colorado.
US Energy says Thompson Creek Terminates Option to Help Develop Colo. Molybdenum Deposit
Canadian Business reported that Thompson Creek (NYSE:TC) will not buy a stake in US Energy's moly deposit in Colorado.
Molybdenum Mining on the Continental Divide
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.
Trends in Molybdenum Market in 2010
Many molybdenum firms benefited from higher prices for moly in 2010 as well as massive investments from moly hungry China. Backed by growing steel demand from the urbanization of China, moly prices rose from the abysmal $8 lows in 2008 up to $18 per pound in April 2010, prices have since settled to around $16 per pound.
