China Molybdenum Product Imports Down
Platts reported that imports of moly ore and concentrates to China are down 25.5% on the year.
Platts reported that imports of moly ore and concentrates to China are down 25.5% on the year.
Cascadero Copper Corporation (TSXV:CCD) announced that its subsidiary has finished the first drilling phase at the Argentina-based Pancho Arias project.
The Cordova Times reported that Northern Dynasty Minerals (TSX:NDM) and Anglo American plc (LSE:AAL) are budgeting $107 million ahead of permitting at an Alaskan moly project.
Platts reported that molybdenum oxide prices fell due to pressure from a slower ferrochrome market.
Carmax Mining Corp. (TSXV:CXM) announced it has received an initial resource estimate on the British Columbia-based Eaglehead copper-moly project.
MinCore Inc. announced it has received a preliminary economic assessment regarding the Mexico-based Tameapa copper-moly project.
Platts reported that molybdenum oxide trading was slow as the gap between bids and offers widened.
Concordia Resource Corp. (TSXV:CCN) announced it has identified strong potential for molybdenum and other metals at its Argentina-based Cerro Amarillo project.
Denver Post reported that Freeport McMoRan's (NYSE:FCX) Climax moly mine has reopened and is producing molybdenum concentrate.
Redhawk Resources, Inc. (TSX:RDK) announced the results from a resource estimate at its Arizona-based Copper Creek project.
Get our independent commentary on moly trends and companies delivered to your inbox.