Australia’s new “Super Profit” tax on mining companies may scare off investment and hurt the profitability of mining operations, say analysts. However, economists and government officials disagree. After billions of dollars worth of investments into molybdenum operations in Australia, how will this proposed tax affect the mining industry?
Continue reading "Australia’s Super Profit Tax Sparks Concern"
Wednesday, May 19, 2010
While rising Molybdenum prices have helped the revenues of most all molybdenum mining companies, new projects and other miscellaneous costs have hampered first quarter profits. As the results for Q1 come in, which companies have capitalized on rising demand for moly? Also, an update for the merger between Quadra Mining and FNX Mining.
Continue reading "Molybdenum Companies Publish First Quarter Results"
Tuesday, April 27, 2010
China’s stockpiling of molybdenum, now 30 percent of the world’s total inventory, may be attributable to their nuclear energy build up. Massive amounts of moly are needed for the highly specialized tubing needed for the reactors. These factors, as well as the rapid urbanization of China and India, and the modernization of the two powers, will be the driving influences for moly in the future.
Continue reading "China Stockpiling Moly for Nuclear Plant Construction?"
Tuesday, March 30, 2010
Moly Mines Ltd. secures financing from Chinese Firm, Hanlong Mining, continuing the frenzied rush to finance Molybdenum operations. Also, new developments from earthquake-rattled Chile as International PBX Ventures starts drilling.
Continue reading "Moly Producers Benefit from China, Again."
Tuesday, March 23, 2010
A busy week for molybdenum producers as multiple companies such as Quadra Mining and International PBX Ventures release statements about perusing new opportunities for moly.
Continue reading "Moly Majors Eye New Acquisitions"
Tuesday, March 16, 2010
After the Chinese agreed to fund two Molybdenum companies last week, Thompson Creek Minerals and Antofagasta PLC are looking for financing for new projects to capitalize on surging molybdenum prices.
Continue reading "New Developments for Moly Companies"
Tuesday, March 9, 2010
Projected growth for steel combined with Chinese firms investing in foreign molybdenum producers could provide investors with unique opportunities at a good value.
Continue reading "Rebounding Steel Demand Bodes Well for Molybdenum"
Monday, March 8, 2010
Quadra Mining Ltd. (TSX:QUA) reported net earnings of $80.5 million or $0.89 per share for the year ended December 31, 2009 compared to $38.6 or $0.61 per share for the year ended December 31, 2008.
Continue reading "Quadra Mining 2009 Fourth Quarter Financial Results"
Tuesday, February 9, 2010
Quadra Mining Ltd. (TSX:QUA) reported that on Monday, March 8th 2010 at 10.00am ET (7.00am PST) senior management will report on the Company's financial results and performance for the fourth quarter and year ended December 31st, 2009.
Continue reading "Quadra Mining: 2009 Fourth Quarter"
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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Tuesday, May 25, 2010