Moly Price Fluctuations
Molybdenum price fluctuations have been common place for a while now. Since the collapse in 2008 that saw prices fall from $36 per pound down to $8 per pound, many analysts and investors have been looking for stability.
Moly Companies Release Q2 Results
Many molybdenum mining companies have released Second Quarter results, as well as updates for ongoing projects. Results for the companies are mixed as some have benefited from rising moly prices, while others have struggled to get new projects online.
Green Technologies Tie Silver and Moly Price Together
Tuesday, July 20, 2010
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?
“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
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.
NMC Resource Records Profits for the Second Quarter of 2010
NMC Resource Corporation (CVE:NRC) announced that the Company has recorded a profit for the three months ended June 30, 2010.
Geodex Minerals Ltd.: Hunter Dickinson Group Options Sisson Brook Tungsten-Molybedenum Project
Geodex Minerals Ltd. (CVE:GXM) announced that Northcliff Exploration Ltd. of the Hunter Dickinson group has signed an agreement to acquire a 70% interest in the Company’s Sisson Brook tungsten-molybdenum project in New Brunswick, Canada.
Michael Winship Appointed as Chief Operating Officer for Quadra FNX Mining Ltd.
Quadra FNX Mining Ltd. (TSE:QUX) announce that Mr. Michael Winship has been appointed as Chief Operating Officer of the Company, effective September 1st 2010.
Romios Announces Closing of a Flow-Through Private Placement
Romios Gold Resources Inc. (CVE:RG) announced that it placed 2,000,000 units on a flow-through basis priced at $0.15 per FT Unit for gross proceeds of $300,000.
Corrected Press Release – Avanti Reports Results to June 30, 2010
Avanti Mining Inc. (CVE:AVT) reports there was a typographical error in the press release dated August 31, 2010 in which the historical resource at the Bell Moly deposit of 96.4 million tonnes was stated to have a grade of 0.54% instead of 0.054%. The corrected press release is as follows: Avanti reported a net loss [...]
Romios Announces Closing of a Flow-Through Private Placement
Romios Gold Resources Inc. (CVE:RG) announced that it placed 2,000,000 units on a flow-through basis priced at $0.15 per FT Unit for gross proceeds of $300,000. Each FT Unit consists of one (1) flow-through common share and one-half of a share purchase warrant.
Avanti reports results to June 30, 2010 and provides update on Kitsault
Avanti Mining Inc. (CVE:AVT) reports results for the six months ended June 30, 2010. In addition the Company deferred $3.9 million (2009 – $2.5 million) relating to the development costs of the Kitsault property. The Company had a cash balance of $13.4 million on hand as at June 30, 2010. For complete news release, click here. [...]
International PBX Ventures Completes Non Brokered Private Placement
International PBX Ventures Ltd. (CVE:PBX) announced that it has closed its private placement financing previously announced on August 10, 2010.
Augusta Closes $30 Million Private Placement with HudBay Minerals
Augusta Resource Corporation (TSE:AZC, NYSE Amex:AZC) has closed the approximately $30 million private placement with HudBay Minerals Inc. (TSE: HBM) announced on August 23, 2010.
Virgin Metals Inc.: Announces Approval of Share Consolidation
Virgin Metals Inc. (CVE:VGM) announced that its shareholders approved a resolution authorizing the consolidation of its common shares on a one (1) for five (5) basis at its Annual and Special Shareholders Meeting that was held on Thursday August 26, 2010.
- Avanti – Production at Kitsault by 2013
- Bard Ventures – Moly and Silver in BC
- Woulfe Mining: Exploration and Development of World-class Mines in South Korea
Asides 
For upcoming molybdenum investing trade shows, see the following links: Cambridgehouse, IIC, Chicago Resource Expo
The Molybdenum Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
MolyInvestingNews.com maintains a focus on Moly exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.
Wednesday, August 18, 2010