Starting from July Agarak Copper-Molybdenum Combine will resume its production activities. Its operation was temporarily stopped in February of 2009. For full story, click here
Read the full article: "Agarak Moly has combined to resume production"
Wednesday, June 24, 2009
Demand from Asian markets has boosted molybdenum over the past weeks, in spite of lagging North American demand. The strategic metal is currently trading in the range of $10.60 to $10.80 a pound, up from $10 to $10.50 a pound less than two weeks ago.
Read the full article: "Molybdenum gets a boost"
Wednesday, June 24, 2009
MPH Ventures Corp. has provided an exploration update for three of it’s 100% owned properties, Raney, Geneva Lake and the Big Mac Projects situated in Northeastern Ontario. For full story, click here
Read the full article: "MPH Ventures exploration has updated on..."
Tuesday, June 23, 2009
It is declared that from January to May, Russian bauxite output raised by 2.9% compared with the same period last year. For full story, click here
Read the full article: "Russian Bauxite Output surged by 2.9%"
Tuesday, June 23, 2009
Sultan Minerals Inc. declared that diamond drilling has resumed on its Jersey-Emerald Property in the Salmo area of British Columbia. For full story, click here
Read the full article: "Sultan Minerals has resumed drilling on its..."
Thursday, June 18, 2009
New molybdenum price forecasts from producers are looking for $11/lb average price for 2009, dip from $29 in 2008, but up from the first-half average of $9. For full story, click here
Read the full article: "Molybdenum price average of $11 seen for 2009"
Thursday, June 18, 2009
U.S. miner General Moly Inc declared that it has seen the molybdenum market poised for a rebound with a pick up in demand growth and limited new supply sending prices to a peak in 2012. For full story, click here
Read the full article: "General Moly is expecting molybdenum market..."
Wednesday, June 17, 2009
The molybdenum price will need to surge significantly from the current level around $10/lb, if the industry is to invest in new output that will be needed to meet future demand. For full story, click here
Read the full article: "Moly price is well above $10/lb needed to..."
Tuesday, June 16, 2009
China’s ferro-molybdenum exports have continued to stall as global prices, despite a recent rebound, remain below domestic costs. International ferro-moly market prices have risen to around $25 per kg. For full story, click here
Read the full article: "China’s Ferro- Moly exports are still..."
Tuesday, June 16, 2009
Thompson Creek Metals of Toronto is planning a 10% molybdenum production and sales boost in 2009 over levels previously announced, thanks to recent improvements in the market. For full story, click here
Read the full article: "Thompson Creek Metals declared boost in 2009..."
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.
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Thursday, June 25, 2009