Articles Tagged "feasibility"

Environmental Concerns Loom over Molybdenum Resource

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.

Molybdenum continues downward trend

Despite the recent optimism across the metals sector, molybdenum prices are continuing on a downward trend. Last week, sluggish demand and high stockpiles caused European ferromolybdenum prices to drop below US $21 per kg. US market prices also slid.