Quadra FNX Mining Ltd. (TSE:QUX) reports that the company has exercised its right to maintain its interest in Far West Mining Ltd. The company has also chosen to participate in a private placement of Units of Far West.
Velocity Minerals Ltd., a company dedicated to the acquisition and development of advanced or high grade molybdenum mineral properties. Velocity presently owns the mineral rights to two molybdenum projects in northern British Columbia (Mt. Haskin and Cassiar Moly) and is actively pursuing other properties in North America and internationally.
Creston Moly Corp. (CMS) is a Tier 1 TSX-V listed company actively developing its 100% owned Creston Molybdenum Deposit in Mexico's mining friendly state of Sonora.
Canada based Erdene Resource Development Corp reported that its Mongolian Zuun Mod Molybdenum Project has become one of the largest and most advanced molybdenum projects in northern Asia. For more information, click here For company’s website, click here
Friday, October 15, 2010