Financial Post reported that a poll of residents near General Moly's (TSE:GMO,AMEX:GMO) Mt Hope project show there is strong local support for the mine.
Continue reading "General Moly Announces Strong Support for Mt. Hope Project"
Friday, July 22, 2011
Leeward Capital Corp. (CVE:LWC) announced an update to its 2011 drilling program.
Tuesday, July 5, 2011
Financial Post reported that General Moly (NYSE:GMO,TSE:GMO) reported additional drill results from the Liberty project.
Wednesday, February 9, 2011
Geodex Minerals Ltd. (CVE:GXM) described its strategy and plans for 2011 in a recent press release. The press release states: The joint venture agreement with Northcliff Resources Ltd. of the Hunter Dickinson Inc. group in October 2010 was a watershed event for Geodex. Northcliff is actively progressing with the feasibility and environmental studies on the [...]
Continue reading "Geodex Announces 2011 Plans"
Thursday, February 3, 2011
Scientists have been playing around with moly’s unique attributes to make a whole host of new products that in the future may add a new dimension to demand.
Continue reading "Molybdenum May Revolutionize Nanotechnology"
Tuesday, January 4, 2011
Growth for steel demand in China is expected to dip below 10 percent for the first time in recent years. Growth in the steel market, and consequently growth for moly is expected to improve, however, at a slower pace than in recent years. These factors may influence moly price in 2011.
Continue reading "Steel Market Growth and Molybdenum Prices"
Tuesday, December 14, 2010
Many molybdenum firms benefited from higher prices for moly in 2010 as well as massive investments from moly hungry China. Backed by growing steel demand from the urbanization of China, moly prices rose from the abysmal $8 lows in 2008 up to $18 per pound in April 2010, prices have since settled to around $16 per pound.
Continue reading "Trends in Molybdenum Market in 2010"
Tuesday, November 2, 2010
A report stating that China may control molybdenum production by classifying the material as a ‘national mining resource’ has been raising eyebrows. How will this affect the molybdenum market? Will the moly market react as the rare earth market reacted to reduction in export quotas? Or will the fundamental differences between the two markets stop a feeding frenzy?
Continue reading "China Set to Control Moly Production"
Wednesday, October 20, 2010
Analysts are bullish for the future of the molybdenum market stemming from growth projection in China. Steel demand, and consequently, demand for moly is expected to grow by 9 percent through 2012.
Continue reading "Growth in the Molybdenum Market"
Wednesday, October 6, 2010
The Mining industry is complex and dangerous. Not only because of geological hazards, but also from the pitfalls associated with running a multi-national business. Like any economic sector, it has its up and downs.
Continue reading "The Ups and Downs of Moly Mining"
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Wednesday, July 27, 2011