International Millennium Mining’s Wild Goose MMI Shows Strongly Anomalous Presence of Molybdenum
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"
Sichuan Hanlong Group Founder’s Arrest Places Mining Investment in Jeopardy
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.
General Moly Stops Work on Loan Amid Questions About Creditor
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:
JDC to Double Moly Concentrate Production in 2013
Platts reported that Junduicheng Molybdenum (JDC) says that they will ramp up production for 2013 to 38,500 mt of moly concentrate in 2013.
Japanese Demand for Scrap Steel Thin in January
Platts reported that, despite an uptick in the Japanese economy, demand for molybdenum-containing stainless steel scrap was weak through January.
Gold Reach Resources Intersects107.4 Metres 0.026% Molybdenum
Gold Reach Resources Ltd. (TSXV:GRV) announced assay results from the Ox porphyry during the 2012 drill program.
General Moly Granted Permission to Build Power Supply for Mt. Hope
General Moly (NYSE:GMO, TSX: GMO), announced that they have received permission to construct a power line that will support their Mt. Hope Project.
Japanese Demand for Moly to Fall 10-15 Percent
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 Reports First Assay Results fromTomichi Project, Including 318 Metres 0.049% Moly
Burnstone Ventures Inc. (TSXV:BVE) announced assay results for the first three holes during the 2012 drill program at the Tomichi Project.
General Moly Initiates Cultural Clearance at Mt. Hope
General Moly (NYSE:GMO, TSX:GMO) announced that its subsidiary, Eureka Moly, LLC, has initiated cultural clearance activities for the Mt. Hope Project.
