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United States

Thompson Creek Mine

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Overview

Mine TypeOpen Pit
StageRestarting
Commodities
  • Molybdenum
Mining Method
  • Truck & Shovel / Loader
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SnapshotThe Thompson Creek mine (TCM) is a large open-pit primary molybdenum mine. It was a producing mine until it was placed on care and maintenance in December 2014. It has an existing open pit, as well as established site infrastructure, processing facilities and equipment fleet.

In Semptember 2024, Centerra Gold completed a FS on the restart of mining at Thompson Creek and following the successful completion of permitting efforts in Q2 2024, pivoted to a capital investment.

US Molybdenum Operations consists of the Thompson Creek Mine and the Langeloth Metallurgical Facility. Centerra Gold centered around the vertical integration of Thompson Creek and Langeloth.

Material mined from the TCM will be processed on site into Molybdenite concentrate and then shipped either directly to customers or to the refinery in Langeloth. At Langeloth, the molybdenite will be processed to make molybdenum trioxide (MoO3) and other products.

Owners

SourceSource
CompanyInterestOwnership
Centerra Gold Inc. 100 % Indirect
The Thompson Creek mine is wholly owned by Thompson Creek Metals Company Inc. (TCMC), which is a 100% subsidiary of Centerra Gold Inc.

Contractors

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Deposit type

  • Porphyry
  • Vein / narrow vein

Summary:

The Thompson Creek deposit is a porphyry molybdenum deposit.

The Thompson Creek porphyry molybdenum deposit occurs near the suture of the late Cretaceous Idaho Batholith in the west and complexly folded Paleozoic metasedimentary rocks interpreted to have accumulated in a back-arc environment in the east.

The primary host for the molybdenite mineralization at Thompson Creek is the Thompson Creek intrusive complex, which is composed of a granodiorite-quartz monzonite stock of Cretaceous age.

Alteration of the intrusive rocks is characterized by pyrite, quartz, and sericite, primarily in veins at shallow depths. This alteration style has been mostly mined out. The dominant alteration at depth comprises coarse biotite, in some places intergrown with molybdenite in quartz veins.

There are two major structural features associated with the Thompson Creek deposit:
• The Raise Fault strikes northwest, parallel to the trend of the mineralization
• The Unnamed Fault strikes 34° and dips steeply to the southeast.

The Unnamed Fault separates the deposit into northwest and southeast portions.

Mineralization
Mineralization is restricted almost exclusively to the granodiorite/quartz monzonite intrusion discussed above. The long axis of the largely eliptical deposit is oriented in a northwesterly direction with a plunge of about 30 degrees. The approximate dimensions of the deposit are 6,000 ft long by 2,500 ft wide by 2,500 ft deep.

The molybdenum mineralization occurs as a series of crosscutting quartz-molybdenite-pyrite veinlets, stringer zones, and rare coarse disseminations. The dominant vein set strikes at 120° to 140° and dips at 30° to 85° northeast, parallel to the long dimension of the intrusive body, implying that the same or a similar stress field played a role in controlling both the intrusion of the igneous rocks and opening the space occupied by the veining (Schmidt et al., 1983). Molybdenite occurs primarily as coarse, ~1/8-inch rosettes within vein selvages abutting the potassic minerals or in the center of quartz veins. Vein thicknesses average between approximately 3/8-inch and 5/4-inch with a vein density that is highly variable, depending upon the location within the deposit (Schmidt et al., 1982). The mineralizing event has been dated at 86 Ma (versus 88 Ma of the intrusion itself) (Marvin et al., 1973).

The deposit averages less than 100 ppm Cu and produces no saleable copper.

Limited assay data from blast holes were analyzed in 1999 that suggest a vertical volume of rock within the southern part of the pit that can be interpreted as a high-grade zone with molybdenum values consistently above 0.2% Mo (Worthington, 2007).

Over the life of the mine to date, the molybdenum grade has averaged approximately 0.083% Mo.

Reserves

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Mining Methods

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Comminution

Crushers and Mills

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Processing

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Production

CommodityUnitsAvg. AnnualLOM
Molybdenum M lbs 13146
All production numbers are expressed as metal in concentrate.

Operational metrics

Metrics
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* According to 2024 study.

Production Costs

CommodityUnitsAverage
Cash costs (sold) Molybdenum USD  ....  Subscribe
All-in sustaining costs (sold) Molybdenum USD  ....  Subscribe
Assumed price Molybdenum USD  ....  Subscribe
* According to 2024 study / presentation.

Operating Costs

CurrencyAverage
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* According to 2024 study.

Project Costs

MetricsUnitsLOM Total
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Sustaining CapEx $M USD  ......  Subscribe
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Total CapEx $M USD  ......  Subscribe
OP OpEx $M USD  ......  Subscribe
Processing OpEx $M USD 604
Refining and treatment costs $M USD  ......  Subscribe
Transportation (haulage) costs $M USD 29
G&A costs $M USD 208
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After-tax NPV @ 8% $M USD  ......  Subscribe
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Heavy Mobile Equipment

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EV - Electric

Personnel

Mine Management

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Aerial view:

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