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.
Continue reading "World Class Molybdenum Deposits"
Wednesday, June 23, 2010
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.
Continue reading "Mongolia: Emerging Mineral Giant"
Tuesday, June 15, 2010
Reports of mineral wealth in Afghanistan exceeding $1 trillion may seem like terrific news for the war torn nation; however, when faced with the political realities, seem less attractive to international mining companies. Is the release of internal Pentagon memo’s just days before a Senate hearing a political ploy or a mining reality?
Tuesday, March 23, 2010
A busy week for molybdenum producers as multiple companies such as Quadra Mining and International PBX Ventures release statements about perusing new opportunities for moly.
Continue reading "Moly Majors Eye New Acquisitions"
Wednesday, January 6, 2010
The Kitsault Molybdenum Mine - owned 100% by Avanti Kitsault Mine Ltd, is a former producing mine (total production during two prior periods was approximately 30 million pounds of moly) and is considered one of the top-five undeveloped primary molybdenum assets worldwide.
Continue reading "Avanti – Production at Kitsault by 2013"
Thursday, December 10, 2009
Thompson Creek Metals has had an upgrade and a downgrade. With eight analysts having cut their target, is it time to bail out of the stock?
Continue reading "Strong Headwinds Near Moly"
Monday, July 27, 2009
Ferro-molybdenum and molybdic oxide continued their rally this past week, as frightening low stockpiles have traders worried that if the purchases accelerate, there simply won’t be enough moly to go around.
Continue reading "Low Inventories have molybdenum poised to recover"
Monday, May 18, 2009
As a minor metal, molybdenum is prone to rapid price fluctuations; in the past this had generated huge returns on investment. Molybdenum was one of the last metals to feel the effects of the economic downturn, but has failed to match the recovery experienced by many metals since the start of the New Year.
Continue reading "Analysts reduce molybdenum price forecast"
Thursday, March 12, 2009
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.
Continue reading "Velocity Minerals – Historic High Grade Moly"
Monday, March 9, 2009
Molybdenum prices are currently hovering around the $9 per lb mark, a drastic decline from last Augusts’ high of $34. Molybdenum managed to hold its price point longer than other metals; but in the fourth quarter of 2008 the steel industry’s defeat sent molybdenum on a free fall.
Continue reading "Weak steel demand takes a bite out of molybdenum"
For upcoming molybdenum investing trade shows, see the following links: Cambridgehouse, IIC, Chicago Resource Expo
The Molybdenum Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
MolyInvestingNews.com maintains a focus on Moly exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.
Wednesday, June 30, 2010