Creston Moly declared filing of NI 43-101 pre-feasibility study

Tuesday, March 31, 2009

Creston Moly Corp. reported that it has filed on Sedar a 43-101 compliant titled “NI 43-101 Technical Report, Creston Project, Pre-Feasibility Study, Sonora, Mexico, Volume 1. For full story, click here

Moly companies to face a second quarter pinch

Monday, March 30, 2009

Chinese imports of molybdenum concentrate and molybdenum oxide nearly doubled from January to February as overseas sellers stepped up competition with Chinese producers. This did little, although, to correct prices.

Sprott Molybdenum unveiled year end results for 2008

Monday, March 30, 2009

Sprott Molybdenum Participation Corporation announced its results for the year ended December 31, 2008. For full story, click here

Amerigo will generate its own power to cut Chile costs

Friday, March 27, 2009

Vancouver-based Amerigo Resources, which produces copper and molybdenum from mine tailings at a facility in Chile reported that the company is in the process of commissioning its own heavy-fuel-oil power generators and hopes to start-up in the next few days. For full story, click here

Erdene forecasts global molybdenum supply falling short in 2011

Friday, March 27, 2009

Erdene Resource Development Corporation reported that steelmakers will struggle to secure supplies of molybdenum in 2011 as the economic crisis spurs producers to shelve 100 million pounds of new supply. For full story, click here

General Moly reported cash conservation efforts

Thursday, March 26, 2009

General Moly declared plans to further conserve cash while retaining the ability to start construction at the Company’s 80% owned Mt. Hope project pending improvements in the molybdenum and capital markets. For full story, click here

Molybdenum mine need to curtail production

Thursday, March 26, 2009

The Erdene Resource Development Corporation reported that it had been producing 20 million pounds of molybdenum annually, but will slash production to five or six million pounds. Chief Executive Peter Akerley said: We would be looking at somebody who would help with investing in the project through supply agreements. For full story, click here

China molybdenum imports nearly doubled in February

Tuesday, March 24, 2009

Chinese imports of molybdenum concentrate and molybdenum oxide nearly doubled from January to February as overseas sellers stepped up competition with Chinese producers. For full story, click here

China Molybdenum 2008 net profit declined by 26.77% YoY

Tuesday, March 24, 2009

China Molybdenum Co Limited reported that net profit in 2008 was CNY 1.641 billion in 2008, down by 26.77% YoY. For full story, click here

Global Molybdenum supply may face deficit in 2011

Tuesday, March 24, 2009

Steelmakers will have to struggle in order to secure supplies of molybdenum, used to toughen the metal, in 2011 as the economic crisis spurs producers to shelve 100 million pounds of new supply. Chief executive Peter Akerley stated: We would be looking at somebody who would help with investing in the project through” supply agreements, [...]

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