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Vol. 15, No. 30 Week of July 25, 2010
Providing coverage of Alaska and Northwest Canada's mineral industry


Mining News: Thompson Creek agrees to buy B.C. junior

Savvy moly producer moves to diversify metals output and assets; capitalizes on high gold prices to fund Mount Milligan development

Rose Ragsdale

For Mining News

Thompson Creek Metals Co. Inc. and Terrane Metals Corp. said they have completed a definitive agreement for the Denver-based molybdenum producer to purchase Terrane Metals with cash and stock valued at about C$650 million. The deal, which won approval of both Thompson Creek and Terrane’s boards of....

    [additional news subjects in this story]

Strategic acquisition

Good deal for shareholders

Mount Milligan plans

Other valuable assets


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