Prices are set to follow an upward trend in 2010. Prices for oxide are forecast to average US$ 17/lbMo, rising to above US$ 20/lbMo in 2011, as strong demand willl ensure producers follow suit and hike prices.
Bolero Resources Corp. (TSX VENTURE:BRU)(FRANKFURT:U7N1) provides the following corporate update.
Moly Mines Limited (TSX:MOL)(ASX:MOL) reported the highlights from its Quarterly Activities report for the period ending December 31, 2009.
Velocity Minerals Ltd. (TSX:VLC) reported further analytical results from the 2009 programs of work at the Company’s 100% owned Mt. Haskin and Cassiar Moly molybdenum properties in northern British Columbia.
Moly Mines Limited (TSX:MOL)(ASX:MOL) reported that Hanlong Mining Investment Pty Ltd has received the second critical approval from the People’s Republic of China for Hanlong’s US$200 million equity and debt investment in Moly Mines.
MPH Ventures Corp. (TSX VENTURE:MPS) (FRANKFURT:IJA1) announced that the Godfrey Gold drill program has been extended, based upon the geological results of the first two drill holes.
International Millennium Mining Corp. (TSX VENTURE:IMI)(FRANKFURT:L9J) reported that the company has closed the second and final tranche of its private placement.
Bard Ventures Ltd. (TSX VENTURE:CBS) reported the final assay results from its 9 hole NQ drill program which was completed in December 2009 on its Lone Pine Molybdenum Property.
International PBX Ventures Ltd. (TSX VENTURE:PBX) reported that the company is in the advanced planning stage for its upcoming diamond drill program on its wholly-owned Copaquire copper-molybdenum-rhenium project in northern Chile.
HoneyBadger Exploration Inc. (TSX VENTURE:TUF) reported that the company has completed its first stage exploration over its Blackjack property located near Yerington, Nevada.
Sunday, January 31, 2010