Thompson Creek Metals Co. Inc. reported yesterday that the commissioning of its new Endako mill near Fraser Lake, BC is complete and that commercial production was achieved on Feb. 1. For the first five days of February, the new mill was running at or above its design capacity of 55,000 tpd, a 77% increase over...
In its second-quarter earnings report released late yesterday, Thompson Creek Metals Co. Inc. said a variety of factors were causing a delay in construction of the mill expansion at its Endako molybdenum mine near Fraser Lake, 100 miles northwest of Prince George, B.C. The mine is operated as a joint venture with Thompson Creek holding...
Thompson Creek Metals Co. Inc. said yesterday it now expects production and sales of molybdenum from its own mines will be in a range of 22 million to 26 million pounds in 2009, up from previous guidance of 20 million to 24 million pounds. “In response to the recent improvements in the molybdenum market,...
Thompson Creek Metals Co. Inc. reported record production of 26 million pounds of molybdenum in 2008, record revenues of $1.01 billion, record cash flow from operations of $417.6 million and record earnings before special non-cash charges of $276.3 million. That’s all before the final quarter of the year, when both moly’s price and the...
