Moly Investing News

Molymet to Purchase 13% Stake in Molycorp

jessica — Wed, 01 Feb 2012 23:56:35 +0000

Mining Weekly reported that Molymet will pay $390 million for a stake in Molycorp (NYSE:MCP).

Emgold Releases Drilling Results from Stewart Property

jessica — Wed, 01 Feb 2012 23:53:59 +0000

Emgold Mining Corporation (TSXV:EMR,OTCBB:EGMCF,FWB:EML) announced results from a drill program at the British Columbia-based Stewart moly zone.

Thor Increases Molyhil Resource Estimate

jessica — Mon, 30 Jan 2012 18:28:04 +0000

Mineweb reported that Thor Mining (ASX:THR) announced a tonnage increase for its Molyhil project.

Asia Steelmakers Consider Switch to Term Moly Contracts

jessica — Mon, 30 Jan 2012 18:25:52 +0000

Platts reported that steelmakers in South Korea and Taiwan are looking at term contracts for ferromoly and moly due to spot market tightness.

Dahlman Rose Cuts Molybdenum Price Forecast

jessica — Fri, 27 Jan 2012 23:52:24 +0000

Mineweb reported that Dahlman Rose lowered price expectations for moly and other metals.

Amerigo Reviews 2011 and Provides Production Guidance for 2012

jessica — Fri, 27 Jan 2012 23:49:33 +0000

Amerigo Resources Ltd. (TSX:ARG) announced molybdenum production results and a 2012 outlook on its Chile operations.

Carmax Reports 0.029% Mo from Drilling at Eaglehead

jessica — Wed, 25 Jan 2012 02:25:16 +0000

Carmax Mining Corp. (TSXV:CXM) announced drilling results from the British Columbia-based Eaglehead project's East Zone and Bornite Zones.

Japanese Moly Purchasers Trying to Destock

jessica — Thu, 19 Jan 2012 23:43:46 +0000

Platts reported that some molybdenum buyers in Japan are reducing their inventories.

Terreno Contracts Falcon for Drilling Program at Socompa

jessica — Wed, 18 Jan 2012 21:43:51 +0000

Terreno Resources Corp. (TSXV:TNO) announced it has contracted Falcon Drilling for a drill program at the Argentina-based Socompa copper-gold-moly project.

Drilling Program at Unicorn Moly Deposit Continues

jessica — Tue, 17 Jan 2012 20:26:32 +0000

AZ Mining reported that Dart Mining (ASX:DTM) continues to advance a drilling program at the Unicorn moly deposit in Victoria.