Articles Tagged "gold"

MPH Ventures Corp. Closes Non-Brokered Private Placement

MPH Ventures Corp. (CVE:MPS) announces that that it has closed its non-brokered private placement and issued a total of 21,000,000 units.

Intrepid Mines Limited: Tujuh Bukit Indonesia Hole GTD-162 Intersects 522 Metres at 0.45 G/T Gold, 0.48% Copper & 127 PPM Molybdenum

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.

Big Time Rebound Set For Moly

There is a `little storm brewing' in moly. In the third week of January, traders came in and bought up a lot of material, which caused some supply tightness. Now traders are in a position to push prices higher, state analysts.

Velocity Minerals – Historic High Grade Moly

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.

Weak steel demand takes a bite out of molybdenum

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.

Hi Ho Silver – Focused on Moly & Silver Exploration

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.

Joint ventures necessary for survival

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 – Moly, Gold and Uranium

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.

Stimulus spending could bridge the gap in molybdenum prices

When economic growth resumes, there will be a critical shortage of strategic metals. The rapid collapse in metal’s prices has forced many miners to mothball operations; when demand for these metals resumes, there will be a lag time for production online. This means that as quickly as prices collapsed, we can expect an upswing with more impetus.