Moly Mines Limited Provides Highlights from Q1 Activities
Moly Mines Limited (TSX:MOL,ASX:MOL) announced the highlights from their Quarterly Activities Report and Quarterly Cashflow Report for Q1 2013.
Moly Mines Limited (TSX:MOL,ASX:MOL) announced the highlights from their Quarterly Activities Report and Quarterly Cashflow Report for Q1 2013.
Platts reported that Asian spot trade of molybdenum oxide powder was flat on Wednesday.
Emgold Mining Corporation (TSXV:EMR, OTCQB:EGMCF) announced results from their 2012 exploration program at its Stewart Property in B.C.
Taseko (TSX:TKO, NYSE:TGB) announced that they produced 355 thousand pounds of molybdenum in Q1 2013 at its 75% owned Gibraltar Mine.
General Moly (NYSE:GMO, TSX:GMO) announced that they have reached an agreement with Hanlong Mining to extend their Bridge Loan maturity to November 16, 2013.
Bloomberg reported that Sichuan Hanlong Group's founder is being held on murder charges, which is casting doubt on the future of the intended mining investment in Sundance Resources Ltd in West Africa and in General Moly Inc. Mt. Hope molybdenum mine.
Western Copper and Gold Corporation (TSX:WRN, AMEX:WRN, NYSE:WRN) reported the results of the feasibility study from their Casino Project as well as their financial results for 2012, which included a loss of $3.9 million.
Mining Weekly reported that Mercator Minerals announced both record production and earnings in Q4, beating analyst expectations.
Platts reported that Junduicheng Molybdenum (JDC) says that they will ramp up production for 2013 to 38,500 mt of moly concentrate in 2013.
General Moly, Inc. (NYSE:GMO,TSX:GMO) announced financial results for the fourth quarter and full year ended December 31, 2012. As quoted in the press release:
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