Australia’s new “Super Profit” tax on mining companies may scare off investment and hurt the profitability of mining operations, say analysts. However, economists and government officials disagree. After billions of dollars worth of investments into molybdenum operations in Australia, how will this proposed tax affect the mining industry?
Continue reading "Australia’s Super Profit Tax Sparks Concern"
Sunday, August 2, 2009
Thompson Creek Metals Company Inc., one of the world’s leading publicly traded, pure molybdenum producers, has scheduled a conference call for analysts and investors to discuss its second-quarter 2009 financial results on Friday, August 7, 2009 at 8:30 a.m. For full story, click here
Continue reading "Thompson Creek has Scheduled Second-Quarter 2009 Financial Results"
Monday, March 30, 2009
Chinese imports of molybdenum concentrate and molybdenum oxide nearly doubled from January to February as overseas sellers stepped up competition with Chinese producers. This did little, although, to correct prices.
Continue reading "Moly companies to face a second quarter pinch"
Wednesday, March 18, 2009
Government spending will spark a recovery in steel demand towards the end of the year; but its mark on the molybdenum market will be limited. Demand for molybdenum in China likely will rise 6 percent in 2009, then slip to 52,800 tonnes in 2010 before growing again in 2011.
Continue reading "Molybdenum’s route for a slow recovery"
Tuesday, March 17, 2009
Investors must know that patient money right now is marking time in molybdenum and possibly other specialty elements and novel life-science compounds that might improve our current treatments for dementia, heart disease, influenza and cancer. For full story, click here
Continue reading "Moly is making money"
Friday, February 20, 2009
The steel sector has been deeply impacted by the global economic climate; with an approximate 50% decline in production. Moly, as an important alloy, is following suit.
Continue reading "Will the stimulus jumpstart molybdenum?"
Monday, February 2, 2009
In 2008, molybdenum cost an average of $29/lb after peaking at $30 in 2007. On a monthly basis, however, molybdenum has sold for less than $10/lb for two months now. Investment bank Dahlman Rose & Co. in New York expects molybdenum to average $12/lb this year.
Continue reading "Moly Miners Announce Earnings Drop"
Tuesday, January 6, 2009
The first week of 2009 was a sleepy one for molybdenum with thin trading volume as many customers remained on holidays. Activity in China was by far the slowest, with Chinese molybdenum oxide and ferromolybdenum producers halting spot molybdenum offers to overseas customers.
Continue reading "China halts molybdenum spot trading"
Monday, December 8, 2008
Molybdenum, a seemingly invincible metal this year finally took a hit in the fall as economic malaise spread. The alloying metal is down 65% this year, and this decline was seemingly overnight.
Continue reading "Opportunity in times of crisis"
Wednesday, November 19, 2008
The sudden and violent drop in molybdenum prices from $26 to $12 has left investors in shock. George Topping, an analyst at Blackmont Capital said: Looking at market reports, we’re hearing of trades in single digits. It’s an amazing decline. For full story, click here
Continue reading "Moly plunge hurts investors"
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.
Get our exclusive independent commentary on moly trends and companies delivered to your inbox. Sign up to get exclusive access to our market catalysts a week before they are published online. Learn More »
Simply fill in your name and email to make better investment decisions.
Tuesday, May 25, 2010