Emgold Mining Corporation (TSXV:EMR,OTCBB:EGMCF,FWB:EML) announced results from a drill program at the British Columbia-based Stewart moly zone.
Mineweb reported that Thor Mining (ASX:THR) announced a tonnage increase for its Molyhil project.
Platts reported that steelmakers in South Korea and Taiwan are looking at term contracts for ferromoly and moly due to spot market tightness.
Mercator Minerals Ltd. (TSX:ML) announced production results from 2011 as well as its production guidance for 2012.
Romios Gold Resources Inc. (TSXV:RG,OTCBB:RMIOF) announced drilling results from the Quebec-based La Corne property.
Northern Superior Resources Inc. (TSXV:SUP) announced that drilling results indicate a porphyry system at its Ontario-based Rapson Bay project.
Investors looking to capitalize on the build-up of nuclear power don’t have to rely on uranium projects alone, as massive amounts of molybdenum will be needed for nuclear power reactors to strengthen the steel alloys used in their construction.
The Idaho Statesman reported that mining stakeholders are battling for control of a CuMo deposit in Idaho.
The Engineer reported that a laboratory has produced a prototype microchip made with molybdenum that may compete with silicon.
StockMarketWire reported that Thor Mining (ASX:THR) received positive drilling results from the Molyhill project.
Wednesday, February 1, 2012