Thompson Creek Metals eyes selloff

Posted on December 6, 2011 8:43 am

Thompson Creek Metals Co., an operator of two molybdenum mines, may sell a portion of future gold-mining revenue as part of a plan to raise about $200 million to fund expansion projects in Canada.

Funding options include the sale of an income stream from gold produced at its Mt. Milligan mine in B.C., chairman and CEO Kevin Loughrey said.

via Thompson Creek Metals eyes selloff.