Green Technologies Tie Silver and Moly Price Together

Tuesday, July 20, 2010

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As the use of molybdenum becomes diversified because of its use in solar panels, the price correlation between Silver and Moly is closing. The diversification of the uses for moly is beneficial as the price is not dependent solely on steel consumption.

Moly Price Action: Summer Slowdown or Market Reaction to China?

Thursday, July 8, 2010

“Sell in May, and Go Away,” may hold true for minor metals such as molybdenum this year. However, recent moves by the Chinese and speculation on China’s growth numbers may be the true factors driving the molybdenum market.

World Class Molybdenum Deposits

Wednesday, June 30, 2010

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Molybdenum is obtained from two different types of mines: primary mines and by-product mines. By-product mines are most commonly referred to as Copper-Molybdenum ore bodies, while ‘primary’ mines focus solely on molybdenum production.

Mongolia: Emerging Mineral Giant

Wednesday, June 23, 2010

The search for new mineral wealth is pushing to the far reaches of the globe. Mongolia, the neighbor to two of the world’s largest economies, Russia and China, is on track to have the largest copper mine outside of Chile. International mining companies are taking up increased interest in Mongolia, which suffers from poverty and a lack of modern infrastructure.

Afghanistan’s Mineral Wealth: A Mining Opportunity or Political Ploy?

Tuesday, June 15, 2010

Reports of mineral wealth in Afghanistan exceeding $1 trillion may seem like terrific news for the war torn nation; however, when faced with the political realities, seem less attractive to international mining companies. Is the release of internal Pentagon memo’s just days before a Senate hearing a political ploy or a mining reality?

Avanti Mining made an interest payment on the bridge loan

Fri, Jul 30, 2010

Steel Guru.com reports on Avanti Mining’s (CVE:AVT) payment of interest on the Bridge Loan.
 According to the terms and conditions set out in the Loan Agreement, RCF has the option to receive interest payments in the form of common shares of Avanti. RCF has made a request to receive the interest payable on the bridge loan [...]

Molycorp cuts estimated IPO price to $14/shr

Thu, Jul 29, 2010

Rare earth oxide producer Molycorp Inc (NYSE: MCP) reported it now expects to raise about $394 million through its initial public offering.

Fjordland Exploration Inc.: Gold Fields Commences 5000 m Drilling Program

Thu, Jul 29, 2010

Fjordland Exploration Inc. (TSX VENTURE:FEX) and Cariboo Rose Resources Ltd. (TSX VENTURE:CRB), 60%-40% partners in the Woodjam Joint Venture , have announced that Gold Fields Limited’s (NYSE: GFI) exploration company, Gold Fields Horsefly Exploration Corporation, has provided an update on its work on the Woodjam South Property.

Creston Moly Closes Financing

Wed, Jul 28, 2010

Creston Moly Corp. (TSX VENTURE:CMS) announced that due to the demand of the non-brokered private placement announced on July 6, 2010, the Company has increased the financing to a total of $3,735,900.

Thompson Creek Announces Union Obtains Certification at Endako Mine

Wed, Jul 28, 2010

Thompson Creek Metals Company Inc. (NYSE: TC;TSX: TCM, TCM.WT;Frankfurt: A6R), one of the world’s largest publicly traded, pure molybdenum producers, today announced that employees at the Company’s Endako Mine located 120 miles northwest of Prince George, British Columbia, have received union certification.

Animas Resources updates on El Tigre Program

Wed, Jul 28, 2010

Animas Resources Ltd. (TSX VENTURE:ANI) reported significant progress in its field exploration program at El Tigre, Santa Gertrudis Mexico.

Woulfe Mining is Underground at Sangdong Mine With Opportunity for Early Production

Wed, Jul 28, 2010

Woulfe Mining Corp. (CVE:WOF) reports its development of  Sangdong tungsten-molybdenum project, South Korea.
Woulfe has prepared a drilling program to delineate a block lying above the valley floor that has the potential to contain 3 million to 5 million tonnes of relatively high grade resources. This is an exploration target as it is uncertain if further [...]

Antares Announces Positive Preliminary Economic Assessment for Haquira Cu-Mo-Au Project, Peru

Mon, Jul 26, 2010

Antares Minerals Inc. (TSX VENTURE:ANM) announced that it has received a positive Preliminary Economic Assessment (PEA) for its wholly owned Haquira Copper Project in southern Peru.

Seabridge Drilling Confirms Iron Cap as Major New Deposit

Mon, Jul 26, 2010

Seabridge (TSX:SEA)(NYSE Amex:SA)have confirmed a new large potentially bulk minable deposit at KSM at the Iron Cap target.

Avanti Mining issues shares

Sun, Jul 25, 2010

Avanti Mining (CVE:AVT) reports issuing shares for interest payable under terms of a bridge loan.
According to the terms and conditions set out in the Loan Agreement, RCF has the option to receive interest payments in the form of common shares of Avanti. RCF has made a request to receive the interest payable on the bridge loan [...]

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