The Globe and Mail reports in its Thursday edition that desperate for a buyer, Thompson Creek Metals is banking on offers of about $1-billion for the company and its British Columbia mine when a second round of bids is due next week. The Globe's Rachelle Younglai writes that Thompson Creek, which operates the Mount Milligan copper and gold mine, is under pressure to refinance its bonds or restructure its company because of looming debt-financing obligations. Thompson Creek used to be one of the world's largest molybdenum producers but was forced to suspend production at its two molybdenum mines in British Columbia and Idaho. Now Thompson Creek is trying to sell its only viable asset, Mount Milligan. The bump in gold prices combined with the dearth of assets in safe mining jurisdictions such as Canada has caused miners to give Thompson Creek a serious look. Centerra Gold, Kinross and other miners are mulling a bid. Mid-tier copper producer HudBay Minerals was shut out after its first bid came in too low. More than $800-million (U.S.) of Thompson Creek's bonds are maturing over the next few years, with $300-million (U.S.) maturing at the end of 2017. Potential buyers do not want to take on the debt.