The head of the recently renamed firm talks about its big molybdenum project in Idaho and gives his outlook for moly prices.
Articles Tagged "copper"
Fjordland Exploration Inc. (CVE:FEX) and Cariboo Rose Resources Ltd. (CVE:CRB) report that they have entered into a LOI to combine their respective interests in the Woodjam North and South copper-gold-molybdenum mineral properties, Williams Lake, British Columbia, Canada.
Canyon Copper Corp. (OTCBB:CNYC) reports that it approved a private placement offering at a price of CDN $0.35 per unit for gross proceeds of up to CDN $3.15 million.
Virgin Metals Inc. has recently completed a financing and will be moving forward with exploration on its two copper projects in Mexico.
MGold Resources Inc. (CVE:MNI) is undertaking a non-brokered private placement of up to $500,000 of units.
Argonaut Exploration Inc. (CVE:AGA) announces that the drill results from the 100% owned High Gold porphyry property contained significant molybdenum and copper mineralization.
Silvore Fox Minerals Corp. (CVE:SFX) reports the completion of a trenching and drilling program at the Corporations Coxheath Property.
Intrepid Mines Limited (TSE:IAU, ASX:IAU) announces that the recently completed diamond drill hole GTD-10-162 has intersected additional significant copper, gold and molybdenum in a zone of high sulphidation overprinting porphyry mineralisation.
Molybdenum is obtained from two different types of mines: primary mines and by-product mines. By-product mines are most commonly referred to as Copper-Molybdenum ore bodies, while ‘primary’ mines focus solely on molybdenum production.
The search for new mineral wealth is pushing to the far reaches of the globe. Mongolia, the neighbor to two of the world’s largest economies, Russia and China, is on track to have the largest copper mine outside of Chile. International mining companies are taking up increased interest in Mongolia, which suffers from poverty and a lack of modern infrastructure.