Thompson Creek temporarily closes moly mines

Molybdenum production from the company’s Thompson Creek and Endako mines was reportedly 4.3 million pounds for the quarter ended December 31, 2014 and 26.3 million pounds for the year ended December 31, 2014. 

Thompson Creek Mine will also be conducting limited stripping activities for Phase 8 during 2015. anagement will continue to closely monitor market conditions and re-evaluate the status of the Endako Mine as market conditions warrant.

‘We achieved strong operating performance in 2014, meeting copper and total molybdenum production guidance and coming within approximately 4% of gold production guidance, while operating our mines in a safe and environmentally responsible manner,’ said Jacques Perron, president and CEO of Thompson Creek.