Spot Buying Interest for Molybdenum Oxide Gains Momentum at Week’s End
Platts reported that spot buying interest for molybdenum oxide gained momentum of Friday in Asia, on the heels of news regarding European deals earlier in the week.
Platts reported that spot buying interest for molybdenum oxide gained momentum of Friday in Asia, on the heels of news regarding European deals earlier in the week.
Platts reported that spot molybdenum oxide powder offers from Chinese traders have risen to $12.20-12.50/lb.
Platts reported that Chilean and Chinese sellers of spot molybdenum oxide supplies to the Asian market, held their offers at $11-11.40/lb C.
Zamia Metals Limited (ASX:ZGM) announces that diamond and reverse circulation drilling has been continuing at its Anthony molybdenum discovery north of Clermont in central Queensland.
Amerigo Resources Ltd. (TSE:ARG) announces production results for the fourth quarter of 2010 from Minera Valle Central, the Company's operations located near Rancagua, Chile.
Creston Moly Corp. (CVE:CMS) announces assay results from six exploration and four geotechnical holes at its El Creston molybdenum property in the state of Sonora, Mexico.
Ivanhoe Australia Limited (TSE:IVA) reports quarterly and cashflow report for the three months ending, 31 December 2010.
Avanti Mining Inc. (CVE:AVT) enters into a letter of intent with respect to a potential acquisition by SeAH Holdings Corp. of up to a 30% interest in the Kitsault Project.
Ivanhoe Mines (TSE:IVN,NYSE:IVN,NASDAQ:IVN) announces that its strategic rights offering expired on January 26, 2011, as scheduled.
NMC Resource Corporation (CVE:NRC) reports that a number of deep holes beneath the mine workings at the NMC Moland Mine have been drilled to trace the down dip extensions of the skarn type molybdenum (Mo) zones.
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