International PBX Ventures Ltd. (CVE:PBX) reports that the company has begun preparations for Phase II drilling on its 100% owned Copaquire copper molybdenum project in Chile.
Thursday, May 7, 2009
MAX Resource (CVE:MXR) reported today significant moly grades at their Ravin property in Nevada. MXR reported up to 1.397% molybdenum over 1.2 feet and 18.3 feet of 0.2133% moly at only 156 feet depth.
Continue reading "High Grade Moly for MAX Resource"
Monday, April 6, 2009
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.
Continue reading "Molybdenum continues downward trend"
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"
Thursday, March 12, 2009
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.
Continue reading "Velocity Minerals – Historic High Grade Moly"
Wednesday, March 4, 2009
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.
Continue reading "Hi Ho Silver – Focused on Moly & Silver Exploration"
Tuesday, February 24, 2009
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.
Continue reading "Stimulus spending could bridge the gap in molybdenum prices"
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?"
Tuesday, January 13, 2009
In April 2007, when the Sprott molybdenum fund was created, the minor metal was on a fast track. When the fund was created the metal was trading consistently at US $25 per lb; after the ETF was up and running moly cruised to US $ 40 per lb.
Continue reading "Sign of the times, molybdenum ETF liquidates"
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Monday, October 18, 2010