Ferromolybdenum and molybdenum prices in the European market have kept its uptrend last week due to strong demand from China. For full story, click here
Continue reading "European Ferromolybdenum prices surged on rising demand"
Monday, March 23, 2009
Platts declared that molybdenum oxide and ferromolybdenum prices lowered this week amid weak demand in Asia, Europe and North America and on signs that Chinese buying of oxide may be slowing. For full story, click here
Continue reading "Global molybdenum oxide prices dip on slow demand"
Tuesday, February 24, 2009
European molybdenum price declined below USD 9 per pound for the first time in 5 years, staying at USD 8.9 per pound to USD 9.4 per pound. For full story, click here
Continue reading "European Moly prices dip to record low in 5 years"
Tuesday, February 24, 2009
When economic growth resumes, there will be a critical shortage of strategic metals. The rapid collapse in metal’s prices has forced many miners to mothball operations; when demand for these metals resumes, there will be a lag time for production online. This means that as quickly as prices collapsed, we can expect an upswing with more impetus.
Continue reading "Stimulus spending could bridge the gap in molybdenum prices"
Friday, February 20, 2009
The steel sector has been deeply impacted by the global economic climate; with an approximate 50% decline in production. Moly, as an important alloy, is following suit.
Continue reading "Will the stimulus jumpstart molybdenum?"
Friday, February 13, 2009
Eugene Beukman, president of Bard Ventures, said: Moly prices will come back. It’s going to be a little tough for the next few months but it will turn for sure. For full story, click here
Continue reading "Moly prices will come back"
Monday, January 26, 2009
Molybdenum prices have crashed from a high of $35 per pound at the end of October down to the recent level oft US $12 per pound. This represents the worst decline when it comes to commodity prices; a 53 percent drop to be exact.
Continue reading "Molybdenum’s decline leaves few strong contenders"
Tuesday, December 2, 2008
The global economic slowdown is affecting both the demand, and price for molybdenum. To cope, companies are planning output cuts and plotting new investment strategies. For the few companies that have a very strong financial position, they are on the look out for acquisitions.
Continue reading "Molybdenum cuts continue"
Thursday, November 20, 2008
Quadra Mining has postponed plans to begin construction of molybdenum mine in East Greenland due to recent decline in metal prices. For full story, click here
Continue reading "Greenland’s Molybdenum mining project on hold"
Tuesday, November 18, 2008
Molybdenum prices have fallen suddenly to a large extent on the end of last week due to suspension of molybdenum purchases for long period and financial situation at consumers. For full story, click here
Continue reading "Molybdenum prices decline to lower level than USD 20 per pound"
The Molybdenum Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
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Friday, May 8, 2009