Platts reported that an uptick in interest from European traders supported spot demand for moly oxide powder on Tuesday.
Articles Tagged "moly sector"
Platts reported that spot buying interest for molybdenum oxide gained momentum of Friday in Asia, on the heels of news regarding European deals earlier in the week.
Platts reported that South Korea's Doosan Heavy Industries & Construction was responsible for activity on the Asian molybdenum oxide market on Wednesday, which was otherwise quiet.
General Moly, Inc. (NYSE:GMO,TSX:GMO) announced that it has signed a $125 million subordinated debt facility, which will supplement a previously announced $665 million Chinese sourced term loan.
Bloomberg reported that China has raised molybdenum and other metals resource taxes in an effort to conserve reserves.
Woulfe Mining Corp. (TSXV:WOF,OTCQX:WFEMF) announced major steps forward for Woulfe in the development of its Sangdong tungsten/ molybdenum project, South Korea.
Avanti Mining Inc. (TSXV:AVT) announced that it has made an interest payment in the amount of US$100,000.00 on the bridge loan for the period from July 1, 2011 to September 30, 2011.
Virgin Metals Inc. (TSXV:VGM) announced the details regarding initial assessment efforts at their Alamos Gold project located in Sonora, Mexico.
Avanti Mining Inc. (TSXV:AVT) announced that it has received approval for the Application Information Requirements of its Environmental Assessment for the Kitsault mine project in northern BC.