Thompson Creek changes production guidance for 2009

Thompson Creek Metals Company Inc., one of the world’s largest publicly traded, pure molybdenum producers, today announced that due to unfavorable market conditions and reduced demand for molybdenum, the Company intends to reduce molybdenum production in 2009 from levels that were previously planned. The Company is currently reviewing adjustments to production plans and at this time anticipates... 

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U.S. Energy Corp. Receives Milestone Payment From Thompson Creek Metals Company Inc.

U.S. Energy Corp., a natural resources exploration and development company with interests in molybdenum, oil and gas, geothermal, and real estate, announced that the January 1, 2009 $1 million option payment was paid by Thompson Creek Metals Company USA on January 2, 2009 on behalf of Mt. Emmons Moly Company pursuant to the Exploration, Development and Mine Operating Agreement signed in August 2008. “Thompson... 

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Thompson Creek provides update on capital expenditure plans

Thompson Creek Metals Company Inc., one of the world’s largest publicly traded, pure molybdenum producers, today announced a reduction in planned capital expenditures including the postponement of the completion of the expansion project at its 75%-owned Endako Mine. “Given the sharp decline in the molybdenum price, Thompson Creek has decided to curtail planned capital expenditures. This... 

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Thompson Creek announces Pamela L. Saxton has assumed the duties of Chief Financial Officer

Thompson Creek Metals Company Inc., one of the world’s largest publicly traded, pure molybdenum producers, today announced that Pamela L. Saxton has assumed all the duties and responsibilities of the Chief Financial Officer and Vice President, Finance, effective October 16, 2008. Her appointment to this role was previously announced in a July 29, 2008 news release in conjunction with the move... 

Thompson Creek Mine sale to close mid-October

Although the sale isn’t final, a Canadian company has agreed to purchase the Thompson Creek Metals Company and its local molybdenum mine for $575 million. Kent Watson, Thompson Creek Mine manager, told The Challis Messenger this week that Blue Pearl Mining Ltd. is in the process of acquiring the company’s two mines and molybdenum processing facility from Denver-based owner Steve Mooney,... 

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