Chilean Moly output dropped
Chilean Molybdenum output dropped 19 percent to 2,870 tons. For full story, click here
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Creston Moly reports positive PFS for Mexican project
Friday, February 27, 2009
Creston Moly Corporation reported that it has received a pre feasibility study on its wholly owned Creston Molybdenum Deposit Project located in Sonora. For more information, click here
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Not-so-rosy picture for moly
Thursday, February 26, 2009
Despite a dour near-term forecast for Freeport’s moly production, CEO Richard Adkerson is convinced that the company’s assets will be very valuable in the longer term. For full story, click here
Read the full article: "Not-so-rosy picture for moly"
Thompson Creek Seeks Acquisition to increase Output
Thursday, February 26, 2009
Thompson Creek Metals Co., the operator of molybdenum mines in North America, said it would like to make an all-stock acquisition to increase output and the company is in no hurry because asset prices may continue to decline. For more information, click here
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European Moly prices dip to record low in 5 years
Tuesday, February 24, 2009
European molybdenum price declined below USD 9 per pound for the first time in 5 years, staying at USD 8.9 per pound to USD 9.4 per pound. For full story, click here
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MAX Resource Corp – Moly, Gold and Uranium
Tuesday, February 24, 2009
MAX Resource Corp. is a Canadian based exploration company with a diversified portfolio of mineral exploration projects in Canada and the Western United States. Our properties include “Molybdenum” in Alaska and Nevada, “Gold” in Alaska, Nevada and British Columbia and “Uranium” in New Mexico, Arizona and northern Canada.
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Stimulus spending could bridge the gap in molybdenum prices
Tuesday, February 24, 2009
When economic growth resumes, there will be a critical shortage of strategic metals. The rapid collapse in metal’s prices has forced many miners to mothball operations; when demand for these metals resumes, there will be a lag time for production online. This means that as quickly as prices collapsed, we can expect an upswing with more impetus.
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Coppell City Council messing around with moly level provisions
Monday, February 23, 2009
Coppell City Council is still messing around with pesky molybdenum level provisions. For more information, click here
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Molybdenum prices seen at $11/lb in 2009
Monday, February 23, 2009
The Chilean government copper commission Cochilco says that prices for molybdenum will be at $11 per pound in 2009, down from $30/lb for most of last year. For more information, click here
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South America enhancing commitment to Asian moly market
Sunday, February 22, 2009
Molybdenum oxide and ferromolybdenum producers in South America are increasing warehouse facilities in Asia to meet China’s import demand. For more information, click here
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- Avanti – Production at Kitsault by 2013
- Canyon Copper Corp. – Advanced Mineral Resource Company
- Columbia Yukon Explorations Inc. – One of the Largest Pure Primary Molybdenum Deposits in Canada
- Virgin Metals – Advanced Copper Projects in Mexico
- Woulfe Mining: Exploration and Development of World-class Mines in South Korea
Asides
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.
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Friday, February 27, 2009