Moly Supply may get tight
Molybdenum suppliers including Erdene Resource Development Corp. has planned to cut output dramatically this year in an effort to push moly prices up. For full story, click here
Articles Tagged "erdene"
Erdene Reports provided project updates
Erdene Resource Development Corp. announced that it has provided an update on the Company’s principal projects in conjunction with the release of its year end financial results. For full story, click here
Erdene forecasts global molybdenum supply falling short in 2011
Erdene Resource Development Corporation reported that steelmakers will struggle to secure supplies of molybdenum in 2011 as the economic crisis spurs producers to shelve 100 million pounds of new supply. For full story, click here
Molybdenum mine need to curtail production
The Erdene Resource Development Corporation reported that it had been producing 20 million pounds of molybdenum annually, but will slash production to five or six million pounds. Chief Executive Peter Akerley said: We would be looking at somebody who would help with investing in the project through supply agreements. For full story, click here
Erdene Provides Results of 2008 Drill Program
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. For full story, click here
Erdene Reports Q3 Financial Results
Erdene Resource Development Corp. provided an update on the company’s principal projects in conjunction with the release of its Q3 results. The company reported that Resource delineation drilling was completed at the Zuun Mod molybdenum project and also announced extension of mineralization. Peter Akerley, President and CEO, said: The past several weeks have been one [...]
