Copper Fox Insider Buys into 83 Percent of $3-million Private Placement
Mining Weekly reported that a Copper Fox Metals Inc. (TSXV:CUU) insider has committed to 83 percent, or $2.5 million, of a $3-million private placement.
Mining Weekly reported that a Copper Fox Metals Inc. (TSXV:CUU) insider has committed to 83 percent, or $2.5 million, of a $3-million private placement.
General Moly Inc. (TSX:GMO, NYSE:GMO) announced that the Bureau of Land Management has accepted its reclamation bonding for the Mt. Hope Project and that surface disturbing activities will commence.
Victory Mountain Ventures Ltd. (TSXV:VMV) hopes to raise $2.5 million as capital for its interests in Copper, Gold, Silver and Molybdenum through a non-brokered private placement of up to 10,500,000 units.
Cadillac Ventures Inc. (TSXVE:CDC) announced that they have resumed exploration on the Burnt Hill Property in New Brunswick.
Reuters reported that Royal Sapphire, which has an option to earn a 100% interest in the Lorn Property, which contains copper and moly mineralization, has begun trading on the TSXV.
General Moly (NYSE:GMO,TSX:GMO) announced its third quarter results.
An outline of molybdenum's history, uses, and current market outlook.
MarketWatch reported that China Molybdenum Co.'s (HSE:3993) plan for a Shanghai IPO is currently under review by China's securities regulator.
Platts reported that traders were stalling on Asia moly oxide contracts, expecting prices to fall next week.
China’s increase in the resource tax on molybdenum, equivalent to a 4-fold gain per ton is in full effect. The increase, aimed at conserving the country’s resources and curbing pollution could create a need for more imports of moly.
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