Fluor Gets Contract for Work on Chilean Mine
Bloomberg Businessweek reported that Fluor (NYSE:FLR) will be working on the Sierra Gorda molybdenum project in Chile.
Bloomberg Businessweek reported that Fluor (NYSE:FLR) will be working on the Sierra Gorda molybdenum project in Chile.
Reuters Africa reported that Quadra FNX Mining (TSE:QUX) has received approval to develop its Sierra Gorda project.
Molybdenum price fluctuations have been common place for a while now. Since the collapse in 2008 that saw prices fall from $36 per pound down to $8 per pound, many analysts and investors have been looking for stability.
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