International Millennium Mining Corp. (TSXV:IMI) announced the results of a mobile metal ion soil sampling survey on their Wild Goose Property in B.C.
Articles Tagged "molybdenum news"
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.
Bloomberg reported that General Moly has suspended work supported on a $665 million loan on news that the creditor responsible for the loan has been detained in China, sending stock price tumbling yesterday. As quoted in the market report:
Platts reported that Junduicheng Molybdenum (JDC) says that they will ramp up production for 2013 to 38,500 mt of moly concentrate in 2013.
Platts reported that, despite an uptick in the Japanese economy, demand for molybdenum-containing stainless steel scrap was weak through January.
Gold Reach Resources Ltd. (TSXV:GRV) announced assay results from the Ox porphyry during the 2012 drill program.
General Moly (NYSE:GMO, TSX: GMO), announced that they have received permission to construct a power line that will support their Mt. Hope Project.
Platts reported that Japan's demand for molybdenum oxide powder is expected to fall by 10-15 percent year-over-year, pushed down by potential slowdown in the automotive industry.
Burnstone Ventures Inc. (TSXV:BVE) announced assay results for the first three holes during the 2012 drill program at the Tomichi Project.
General Moly (NYSE:GMO, TSX:GMO) announced that its subsidiary, Eureka Moly, LLC, has initiated cultural clearance activities for the Mt. Hope Project.