New challenges for Northern Dynasty’s Pebble Mine in Alaska, and the environmental impacts on the largest remaining Sockeye Salmon fishery. If the project makes it through the permitting process, Zale Corp. and twenty other jewelry companies are calling for a boycott of metals from the project. Also, BC miner Roca Mines Inc. has received an ‘Award for Mining and Sustainability’ from the provincial government for its MAX Molybdenum Mine.
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.
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.
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.
In true Western entrepreneurial spirit, Hi Ho Silver’s experienced managerial team is dedicated to establishing strategic relationships with industry leaders. Minimizing risk, while maximizing opportunities for success will provide investors with astable platform for investment in the mineral exploration field.
Molybdenum has crashed from $33 per lb in mid ’08, to its Friday closing value $8.70 per lb. Analysts predicts the metal is in for a slow recovery this year, and is anticipated to average $11.00 per lb.
MAX Resource Corp. is a Canadian based exploration company with a diversified portfolio of mineral exploration projects in Canada and the Western United States. Our properties include “Molybdenum” in Alaska and Nevada, “Gold” in Alaska, Nevada and British Columbia and “Uranium” in New Mexico, Arizona and northern Canada.
Erdene Resource Development Corp. reported additional results from its 2008 Zuun Mod molybdenum exploration and assessment program.
Peter Akerley, President and CEO, said:
Results from our Zuun Mod 2008 work program continued to demonstrate the exceptionally large nature of the deposit.
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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.
Tuesday, April 13, 2010