New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 29, 2014
07:38 EDTTCThompson Creek announces second ocean shipment of concentrate from Mt. Milligan
Thompson Creek Metals announced that it has loaded its second ocean shipment of concentrate from its new Mt. Milligan Mine. Based on preliminary weights and assays upon ship loading, this shipment consisted of 10,066 dry metric tonnes of concentrate and contained approximately 5.5M pounds of payable copper, 10,475 troy ounces of payable gold, and 19,223 troy ounces of payable silver. Average grades, based on preliminary assays, were 26% copper, 33 grams per tonne of gold and 66 grams per tonne of silver. The concentrate was loaded in Vancouver on January 23. The company expects to receive a provisional payment for 90% of the value of the concentrate in February.
News For TC From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
April 16, 2015
17:33 EDTTCRoyal Gold says received about 26,200 ounces of gold from Mount Milligan mine
Royal Gold (RGLD) announces that its wholly owned subsidiary, RGLD Gold AG, received approximately 26,200 ounces of gold for the quarter ended March 31 from the Mount Milligan mine as part of its purchase and sale agreement with Thompson Creek Metals Company (TC). Royal Gold currently sells most of the delivered gold within three weeks of receipt, and recognizes revenue on its streaming transactions when the metal received is sold. For the quarter ended March 31, Royal Gold sold approximately 24,200 ounces of gold from Thompson Creek, which is a nearly 70% increase over the December quarter. In addition, Royal Gold had approximately 6,800 ounces remaining in inventory as of March 31. At March 31, Royal Gold had one provisionally priced final shipment outstanding, which was the 75% balance on shipment 12. That balance of approximately 5,000 ounces was not received as of March 31, and was not included in inventory. Hereafter, all deliveries to Royal Gold will be based solely on final settlement timing and volumes, subject to Thompson Creek’s smelter contracts, which can take three to five months after concentrate is produced at the mine. The Company notes that Thompson Creek reported production for Mount Milligan of approximately 46,119 ounces of payable gold and sales of approximately 36,750 ounces of payable gold in the quarter ended March 31.
17:05 EDTTCThompson Creek reports Q1 production and sales
Subscribe for More Information
April 13, 2015
10:00 EDTTCOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
07:29 EDTTCThompson Creek downgraded to Neutral from Buy at BofA/Merrill
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the disclaimer & terms of use