25 Apr 2011farm in farm out agreement● Neutral
On April 25, 2011, Thompson Creek said it had terminated its option agreement with U.S. Energy Corp. to acquire an interest in the Mount Emmons molybdenum project in Colorado. The company says it will focus on the Berg property in British Columbia, the Endako expansion and Mt. Milligan, and moves the Mount Emmons pre-feasibility funding to a Berg scoping study. It says the termination will have no material impact on its financial statements.