Thompson Creek Metals (Blue Pearl Mng)

Wednesday, November 02, 2011

As with rare earths, so with speciality and rare metals - China is tightening its grip in metals in which it dominates global supply. From Beijing comes news that China will cut export quotas for tin, tungsten, antimony and molybdenum in 2012, all of which it is the world‘s top producer (in the case of antimony, accounting for about 75 per cent of global output).

The new totals (with 2011 quotas in parenthesis) are: tungsten 15,400 tonnes (15,700); tin 18,000 tonnes (18,900); antimony 59,400 tonnes (60,300); molybdenum 25,000 tonnes (25,500) and indium 231 tonnes (233).

This coincides with a Reuters report out of London that says many investors - put off gold and silver due to their present high prices - are turning to the minor metals market as a safe haven for their pension funds. 'We've always had a certain amount of interest from the rich in the Anglo-American sector. About four years ago it started to pick up within people with average wealth,' Gunther Maassen of German trading firm Haines & Maassen was quoted by Reuters as saying.

Meanwhile, a British investment website, London South East, reports that Frankfurt-based metals trader Tradium has set a 50,000 euro minimum for private investors to buy physical metal. Among the metals private investors ae now stocking up on are indium, germanium, gallium and hafnium - so much so that Tradium has opened a new storage facility in the Rhine-Main area. “At current prices, 50,000 euros worth of indium, for example, would amount to over 100 kg of metal,” the website says. There is also growing interest among European investors in REE as they recognise the importance of these elements in magnet production.

There have been separate reports that indium prices have overtaken those of gallium. They are sitting at between $US620 and 690 per kilogram and $US610-670/kg respectively.

As for tungsten, the metal has found a new use recently: in wedding rings, being much cheaper than gold - you can buy them for as little as $US179, although one with three diamonds will set you back $US745. And, because tungsten is one of he hardest metals around (which is why it is vital for machine tools), these rings don't get scratches. Now one of the big U.S. online retailers, Titanium-jewellery.com, has launched line of cobalt rings.

Again, as with REE, these minor and speciality metals are finding new uses - and new investors - every week.


http://www.raremetalblog.com/2011/11/...ezes-investors-grab.html#more  

....quid proxima nocte egeris? Credere fallaci gravis est dementia famae. Agitur, victurine simus an perituri. Cetero censeo, thompsona eterna.

Oder so ähnlich. Seltene Erden werden zumindest mal nicht häufiger werden. Ich denke, dass es etwas hoch geht.  

Die Zahlen für Q3 sind da...

s. auch http://www.thompsoncreekmetals.com/s/News_Releases.asp?ReportID=489589

Inhalt:
Thompson Creek Announces Third Quarter 2011 Financial Results

NYSE: TC
TSX: TCM
TSX-V:TRX.WT

DENVER, Nov. 7, 2011 /CNW/ - Thompson Creek Metals Company Inc. ("Company" or "Thompson Creek"), a growing, diversified, North American mining company, today announced financial results for the three and nine months ended September 30, 2011 prepared in accordance with United States generally accepted accounting principles ("US GAAP"). All dollar amounts are in United States ("US") dollars unless otherwise indicated.

"Thompson Creek's third quarter financial performance was generally in line with our previously announced guidance for 2011 performance," said Kevin Loughrey, Chairman and Chief Executive Officer.  "Necessary pit sequencing at the Thompson Creek mine has resulted in higher volume, grade, and production in the first half of the year, and reduced performance in all of these areas in the second half of the year of 2011.  For the nine months ended September 30, 2011, revenue was up 26.1% to $552.4 million, cash flow from operations was up 44.4% to $181.6 million, and total molybdenum sold was up 16.7% to 32.0 million pounds.  Third quarter performance was also impacted by non-cash unrealized foreign exchange losses due to the strengthening of the US$ against the C$," added Mr. Loughrey.

The Company's average realized molybdenum sales price for the third quarter of 2011 increased slightly to $15.64 per pound from $15.30 per pound in the third quarter of 2010.  "We anticipate that over the balance of 2011 our average price for molybdenum sales will likely be lower than our year-to-date average due to price weakness experienced in the fourth quarter," said Mr. Loughrey.  "For the fourth quarter of 2011, while we expect production, grade, and cash costs to be very similar at the Endako mine and improved at the Thompson Creek mine compared to the third quarter, the combination of the lower molybdenum prices and increased sales of lower margin third party purchased and processed molybdenum will likely impact performance for the fourth quarter.  We continue to believe our full year performance will remain within our previously announced guidance," added Mr. Loughrey.

Financial Highlights:

   * Revenue for the third quarter of 2011 was $154.8 million, compared to $161.8 million for the third quarter of 2010.  Sales volumes for the third quarter of 2011 were 9.6 million pounds of molybdenum, compared to 10.3 million pounds for the third quarter of 2010.

     Revenue for the nine months ended September 30, 2011 was $552.4 million, compared to $438.0 million for the same period in 2010.  Sales volumes for the nine months ended September 30, 2011 were 32.0 million pounds of molybdenum, compared to 27.5 million pounds for the same period in 2010.

   * Losses on foreign exchange for the third quarter of 2011 were $23.9 million, or $0.14 per basic and diluted share, which included a non-cash unrealized foreign exchange loss of $20.5 million, or $0.12 per basic and diluted share.  The foreign exchange loss was the result of the strengthening of the US$ against the C$. This compares to a foreign exchange gain of $6.7 million, or $0.05 per basic and diluted share, for the third quarter of 2010.

     Losses on foreign exchange for the nine months ended September 30, 2011 were $21.8 million, or $0.13 per basic and diluted share, which included a non-cash unrealized foreign exchange loss of $20.5 million, or $0.12 per basic and diluted share. This compares to a foreign exchange gain of $8.0 million, or $0.06 per basic and $0.05 per diluted share, for the same period in 2010.

   * Net Income for the third quarter of 2011 was $45.6 million, or $0.27 per basic and diluted share, compared to $31.1 million, or $0.22 per basic and diluted share for the third quarter of 2010.  Net income for the third quarter of 2011 included a non-cash unrealized gain on common stock warrants of $42.0 million, or $0.25 per basic and diluted share.  Net income for the third quarter of 2010 included a non-cash unrealized loss on common stock warrants of $20.5 million, or $0.15 per basic and $0.14 per diluted share.

     Net income for the nine months ended September 30, 2011 was $291.3 million, or $1.75 per basic and $1.67 per diluted share, compared to $158.7 million, or $1.14 per basic and $1.08 per diluted share for the same period in 2010.  Net income for the nine months ended September 30, 2011 included a non-cash unrealized gain of $168.4 million, or $1.01 per basic and $0.96 per diluted share.  Net income for the nine months ended September 30, 2010 included a non-cash unrealized gain of $29.8 million, or $0.21 per basic and $0.20 per diluted share.

   * Non-GAAP Adjusted Net Income for the third quarter of 2011 (excluding the non-cash unrealized gain on the warrants) was $3.6 million, or $0.02 per basic and diluted share, compared to $51.6 million, or $0.37 per basic and $0.36 per diluted share for the third quarter of 2010 (excluding the non-cash unrealized loss on the warrants).  Non-GAAP adjusted net income for the nine months ended September 30, 2011 (excluding the non-cash unrealized gain on the warrants) was $122.9 million, or $0.74 per basic and $0.70 per diluted share, compared to $128.9 million, or $0.92 per basic and $0.88 per diluted share, for the same period in 2010 (excluding the non-cash unrealized gain on the warrants).

     The Company's net income continues to be affected by the previously disclosed requirements under US GAAP to account for the Company's outstanding common stock warrants as a derivative liability, with changes in the fair market value recorded in net income.

   * Molybdenum Production for the third quarter of 2011 was 3.7 million pounds, compared to 8.0 million pounds for the third quarter of 2010.  Molybdenum production for the nine months ended September 30, 2011 was 24.0 million pounds, compared to 23.3 million pounds for the same period in 2010.

   * Non-GAAP Average Cash Cost Per Pound Produced for the third quarter of 2011 was $15.62 per pound, compared to $6.24 per pound for the third quarter of 2010.  Non-GAAP average cash cost per pound produced for the nine months ending September 30, 2011 was $7.09 per pound, compared to $6.17 per pound for the same period of 2010.

   * Cash Flow from Operations was $51.4 million for the third quarter of 2011, compared to $59.0 million for the third quarter of 2010.  Cash flow from operations for the 2011 third quarter continued to be relatively strong despite mine pit sequencing activities and increased costs at the Thompson Creek Mine.  Cash flow from operations for the nine months ended September 30, 2011 was $181.6 million, compared to $125.8 for the same period of 2010.

   * Capital Costs for the first nine months ended September 30, 2011 were $555.3 million, comprised of $341.1 million for the development of Mt. Milligan, $171.1 million for the Endako mill expansion project (which represents Thompson Creek's 75% share), and $43.1 million for the Endako and Thompson Creek mines, the Langeloth facility and corporate combined.  The capital costs for the first nine months of 2011 included an increase in amounts accrued of $63.0 million and accrued capitalized interest of $9.8 million at September 30, 2011; therefore cash used for capital expenditures for the first nine months of 2011 was $482.5 million.

   * Cash, Cash Equivalents and Short-term Investments as of September 30, 2011 were $365.4 million, compared to $316.0 million as of December 31, 2010.  Total debt as of September 30, 2011 was $368.0 million, compared to $22.0 million as of December 31, 2010.

On October 24, 2011, Thompson Creek's warrants expired unexercised as the Company's common stock trading price on the TSX was below the C$9.00 exercise price.  As a result, subsequent to October 24, 2011 there will not be any non-cash unrealized gains and losses on the Company's common stock purchase warrants that expired on such date in the income statement.  The 2012 Terrane warrants remain outstanding and the Company will continue to record unrealized gains and losses on those warrants until such warrants are exercised or expire.

At September 30, 2011, Thompson Creek had working capital of $407.6 million, including $365.4 million of cash, cash equivalents and short-term investments, $93.7 million of receivables, and $5.6 million of current debt primarily related to mining equipment financings.  The Company intends to fund the remaining mill expansion costs at the Endako Mine and the Mt. Milligan development costs from a combination of cash on hand, cash flow from operations, funds from various financing facilities, the remaining proceeds from the gold stream transaction with Royal Gold and other financing options currently being pursued.

...

Gruß
Muppets  

Im W.o. Forum kommen sie jetzt auch drauf. Monate später.  

Und wieder ein Stückchen tiefer. Ein chart wie im Bilderbuch. Von über 18 auf unter 5 Euro. Wird wohl erst wieder was werden wenn ein BB pusht.  

Glaube ich lege mir mal eine kleine Position ins Nest. Sollte es eine Jahresendrallye geben, dann werden die am meist gepruegelten Aktien schon etwas Gewinn machen. Berichte sehen doch solide aus.  

Kein Mensch greift ins fallende Messer. Schau mal den chart an, freier Fall seit 12 Monaten. Die Aktie muß sich fast vervierfachen!!! um dieses Niveau wieder zu erreichen.
Alles spricht von Abschwung und Rezession, und du würdest dann Rohstoffaktien kaufen.  

"Thompson Creek: Funding Gap Remains, As Does Potential Upside"

by: Vince Martin November 23, 2011  
http://seekingalpha.com/article/...-does-potential-upside?source=feed  

hier womöglich was? :)  

 

alter Seemann.  

by: Olga Galacho From: Herald Sun
December 19, 2011 12:00AM
http://www.heraldsun.com.au/business/.../story-fn7j19iv-1226225242380  

19.12.11 09:28
Desjardins Securities

Montreal (aktiencheck.de AG) - John Redstone, Analyst von Desjardins Securities, stuft die Aktie von Thompson Creek Metals (ISIN CA8847681027 / WKN A0MR6Q) unverändert mit "buy" ein. Das Kursziel werde von 16,00 auf 15,60 Kanadische Dollar gesenkt. (Analyse vom 16.12.11) (19.12.2011/ac/a/a)

http://www.aktiencheck.de/analysen/...k_Metals_neues_Kursziel-4019406  

Dec 28/11 Dec 27/11 Wilson, Mark Control or Direction Common Shares 10  -                                   Acquisition in the public market 400 $6.83 USD  

Dec 28/11 Dec 27/11 Wilson, Mark Control or Direction Common Shares 10  -                                          Acquisition in the public market 200 $6.81 USD  

Dec 28/11 Dec 27/11 Wilson, Mark Control or Direction Common Shares 10  -                                       Acquisition in the public market 200 $6.93 USD  

Dec 21/11 Dec 20/11 Wilson, Mark Direct Ownership Common Shares 10  -                                           Acquisition in the public market 1,100 $6.80 USD

http://canadianinsider.com/node/7?menu_tickersearch=tcm

 

Seebären/innen -

wat isn los ??? so ruhig hier ...

Zeit zum wiederonboardgehing, stelle mal ne lage Rum auf Deck !

dongruss

 

January 18, 2012

RICHARD GILBERT, staff writer
Journal of Commerce

Construction can resume at the Mount Milligan Mine, after the removal of a First Nations blockade, which halted industrial traffic on Highway 27, near Fort St. James, British Columbia.

The civil disobedience impacted logging, mine and construction vehicles.

“We are just happy the situation has been resolved and materials are moving again to the construction site,” said Jocelyn Fraser, directors of public affairs with Thompson Creek Metals Company Inc.

“We had about 10 trucks that were delayed for a couple of days.”

The blockade was removed after a meeting that involved a spokesperson for the protestors, members of the band council, Mayor Lori Ackerman and John Rustad, B.C. Liberal MLA for Nechako Lakes.

Members of the Nak’azdli Band including hereditary chiefs and supporters from the Tl’azp’en nation blocked the highway at Necoslie Road at about 10 a.m. on Jan. 11.

“The blockade came down last night after some discussion and commitments by the government to undertake road upgrades and safety improvements, such as lighting and crosswalks,” said elected Nak’azdli band councilor Tamara Sam. “There are still outstanding issues, but after a meeting yesterday (Jan. 12), we decided to focus on the immediate issue of highway safety, due to the increase in traffic from resource extraction.”

In November 2010, the federal government approved the construction of the $915 million Mount Milligan copper-gold project mine, which will be located 90 kilometres north of Fort St. James.

According to Fraser, there are currently about 700 construction workers employed and living in a camp at the mine. Construction activity is taking place 24 hours a day and seven days a week.

Initially, the protestors were upset by the continued extraction of natural resources from Nak’azdli traditional territory.

The chief and the Nak’azdli Band Council were not involved in the setting up of the blockade, but they support their goal of getting a deal on the sharing of resource revenue.

The Nak’azdli have not negotiated any agreements related to forestry, fishing, mining or mineral exploration.

The protestors allowed public vehicles and emergency traffic through the blockade, but industrial traffic to logging and mining sites was being asked to turn around.

Highway 27 is the only highway through Fort St. James and the only route to the Mount Milligan construction site.

“There has been a very noticeable increase in traffic due to Mount Milligan and there has also been an increase in the amount of timber coming out of Nak’azdli Territory,” said Sam.

“This is a concern to many Fort St. James residents.”

After the blockade had been in place for a while, the protestors and the Nak’azdli Band Council shifted the focus of their demands to highway improvements.

The City of Fort St. James has a population of about 2,000 people with 700 more on reserve. The area has about 3,000 residents.

Each day, about 8,500 vehicles pass through the town on their way to and from all sorts of different industries, including logging operations, saw mills, mineral exploration camps and mines.

“The community members have said that as long as the government lives up to its commitments and speeding on the highway doesn’t continue, the information gateway or blockade will stay down,” said Sam.

Denver-based Thompson Creek Metals Company Inc. completed the acquisition of Terrane Metals Corporation for $700 million in October 2010 and started construction after the project was approved in November.

Nak’azdli protesters were served with a court injunction by the new owners of the Mount Milligan mine in November 2010, after blockading a road and halting construction.

About 20 protestors parked a large recreational vehicle across Highway 27 at Rainbow Road and refused to allow anyone to leave the mine site or enter the road.

At that time, there were about 80 people on site, who were building the camp, doing initial work for the plant area, undertaking surveys and environmental monitoring, and finishing off the access road.

Workers employed by a Fluor and Amec joint venture, as well as a joint venture between and Ledcor and Duz Cho construction, weren’t allowed to enter the construction site.

The blockade was peacefully dismantled, with all but three of the protesters agreeing to cease blocking access.

Two women in their 40s and a 70 year old man were subsequently arrested.

The mine is being built on traditional Nak’azdli territory. The Nak’azdli claimed the environmental assessment process did not recognize Aboriginal right or title, which is against the law.


http://www.journalofcommerce.com/article/id48354/...-blockade-removed  

23.01.12 14:16
Desjardins Securities


Montreal (aktiencheck.de AG) - John Redstone, Analyst von Desjardins Securities, stuft die Aktie von Thompson Creek Metals (ISIN CA8847681027 / WKN A0MR6Q) unverändert mit "buy" ein. Das Kursziel werde bei 14,70 Kanadischen Dollar gesehen. (Analyse vom 20.01.12) (23.01.2012/ac/a/a)

http://www.aktiencheck.de/news/...l-Thompson_Creek_Metals_buy-4094545  

http://www.thompsoncreekmetals.com/s/News_Releases.asp?ReportID=506001  

Thompson Creek Announces Commercial Production at the New Endako Mill and Reaffirms 2012 Production and Cash Cost Guidance for the Endako Mine  

japp in Endako wird mehr produziert. Ein netter Ausgleich für den drohenden Abschwung bei TC.

Der Preis von Moly steigt derzeit langsam aber stetig an.

Mal sehen wie 2011 als Ergebnis gesamt aussieht.

Außerdem dann irgendwann Mt. Milligan..

Das sieht gut aus für die Zukunft
Gruß
Muppets  

By Jeremy Bowman, The Motley Fool
Posted 1:34PM 02/13/12

http://www.dailyfinance.com/2012/02/13/...iner-/?source=TheMotleyFool  

17.02.12 09:19
Prior Gold

Frankfurt (aktiencheck.de AG) - Die Experten von "Prior Gold" halten die Aktie von Thompson Creek (ISIN CA8847681027 / WKN A0MR6Q) auf Sicht von zwei bis drei Jahren für einen "outperformer".
...
http://www.aktiencheck.de/analysen/...achen_Aktie_interessant-4143482  

auch wenn du hier fast Alleinunterhalter bist, muss ich dir beipflichten.

Sieht derzeit gut aus. Der Molypreis Woche für Woche (neu 14,80 Dollar/Pfund). Mal sehen was die Zahlen Ende Februar bringen.  

The Phenomenal Mt. Milligan

By Christopher Barker | The Motley Fool

February 10, 2012
http://www.fool.com/investing/general/2012/02/10/...s-the-phenom.aspx