Happy Creek Minerals has provided results from Fox Tungsten Moly Property
Happy Creek Minerals Limited declared additional results from its 100% owned Fox tungsten molybdenum property. For full story, click here
Archive for June, 2009
European Molybdenum Oxide market has remained steady
Platts declared that the molybdenum oxide market in Europe was steady last week with higher prices talked but little consumer business concluded. For full story, click here
China has surged Molybdenum Imports in April
The imports of molybdenum into China in April of 2009 were known and still indicated the high level. The total quantity of main three molybdenum products imported by China in January to April of 2009 came to 21,975 tonnes, corresponding to 27.2 million pounds on Mo content base. For full story, click here
European Moly Oxide Market Remained Steady
Platts declared that the molybdenum oxide market in Europe was steady last week with higher prices talked but little consumer business concluded. For full story, click here
Thompson Creek Metals forecasted surge in Moly Demand
Thompson Creek Metals Co. has seen demand for molybdenum improving slightly in the remainder of 2009, after having plummeted earlier in the year. Chief Executive Kevin Loughrey stated: The market has rebounded slightly and we think we will do a little better than earlier indicated. For full story, click here
J.P Morgan has boosted molybdenum price forecast
Molybdenum prices have been moving higher over the last month and last week passed $10/lb in the U.S. spot market, but they still are 27% below the peak of mid-2008 as demand from steelmakers remains soft. Looking ahead, forecasts are mixed: Investment bank Dahlman Rose & Co. sees a loss of supplier discipline and a [...]
Velocity Minerals released NI 43-101 Complaint Mineral Resource
Velocity Minerals Ltd. declared that it has received a NI 43-101 compliant Mineral Resource Estimate Report dated May 28, 2009 for the Company’s Mt. Haskin molybdenum deposit. For full story, click here
Moly Mines has studied Iron-Ore Mine at Spinifex Ridge
Moly Mines has completed a maiden resource estimate for the iron-ore deposits at its Spinifex Ridge project, in Western Australia. For full story, click here
Thompson Creek Metals has boosted Moly Output
Thompson Creek Metals Co.’s decision to raise output of molybdenum this year following a recent rebound in prices is unlikely to have much impact on the market. For full story, click here
Thompson Creek Raises Production, Sales Estimates 10%
One of the world’s largest publicly traded, pure molybdenum producers, Thompson Creek TSE: TCM, today announced changes to its 2009 estimates for molybdenum sales, molybdenum production and cash production costs.
