Molybdenum is obtained from two different types of mines: primary mines and by-product mines. By-product mines are most commonly referred to as Copper-Molybdenum ore bodies, while ‘primary’ mines focus solely on molybdenum production.
Continue reading "World Class Molybdenum Deposits"
Wednesday, June 9, 2010
China’s voracious appetite for molybdenum since the beginning of 2009 has inflated the price of molybdenum. Current price levels do not reflect the actual consumption of the metal, as the Chinese firms are creating vast surpluses to support and lower the cost of steel production.
Continue reading "Molybdenum Surplus Creation and Price Inflation"
Tuesday, May 4, 2010
New uses for molybdenum in renewable energy sources may bring a new lucrative market for the metal. Used as a substitute for cost prohibitive platinum, moly is being used in the generation of Hydrogen gas. Also, the Sichaun Hanlong-Moly Mines deal grows as Hanlong commits up to $5 billion for infrastructure projects in Australia.
Continue reading "New Markets for Molybdenum"
Tuesday, April 27, 2010
China’s stockpiling of molybdenum, now 30 percent of the world’s total inventory, may be attributable to their nuclear energy build up. Massive amounts of moly are needed for the highly specialized tubing needed for the reactors. These factors, as well as the rapid urbanization of China and India, and the modernization of the two powers, will be the driving influences for moly in the future.
Continue reading "China Stockpiling Moly for Nuclear Plant Construction?"
Tuesday, March 30, 2010
Moly Mines Ltd. secures financing from Chinese Firm, Hanlong Mining, continuing the frenzied rush to finance Molybdenum operations. Also, new developments from earthquake-rattled Chile as International PBX Ventures starts drilling.
Continue reading "Moly Producers Benefit from China, Again."
Monday, March 1, 2010
Moly Mines Limited (TSX:MOL)(ASX:MOL) and Hanlong Mining Investment Pty Ltd have agreed a "variation letter" to the Subscription Agreement dated 19 October 2009.
Continue reading "Moly Mines & Hanlong Mining Investment agreement update"
Wednesday, February 10, 2010
A draft proposal by the Chinese government that lays down the thresholds for access to the molybdenum industry is set to cheer moly producers.
Continue reading "Moly Producers Ring In Good Times"
Sunday, January 24, 2010
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.
Continue reading "Big Time Rebound Set For Moly"
Monday, January 11, 2010
Moly has been priced too low as compared to other minerals already traded in the futures market. The added sauce to the coming moly price surge will be a sure-fire winner for speculators. You in?
Continue reading "Moly Poised For Massive Comeback"
Thursday, November 26, 2009
Moly Mines Limited (TSX:MOL)(ASX:MOL) announced that the Annual General Meeting being held on Friday, November 27th, 2009 at 8:30am (Thursday November 26th 7:30pm EST) in Western Australia at Home Base Expo, 55 Salvado Road Street, Subiaco, will be made available via webcast to all shareholders worldwide.
Continue reading "Moly Mines Annual General Meeting Webcast"
For upcoming molybdenum investing trade shows, see the following links: Cambridgehouse, IIC, Chicago Resource Expo
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.
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Wednesday, June 30, 2010