Augur Resources reported maiden JORC
Augur Resources reported an initial JORC inferred resource estimate of 120 ppm molybdenum for its Yeoval porphyry deposit in central New South Wales. For full story, click here
Articles Tagged "resources"
Tejanon Resources announced moly metallurgical results
Tenajon Resources Corp. announced the results of a metallurgical study completed on its Moly Brook Molybdenum Property, situated near Grey River, Newfoundland. For company’s website, click here For full information, click here
Joint ventures necessary for survival
Molybdenum has crashed from $33 per lb in mid ’08, to its Friday closing value $8.70 per lb. Analysts predicts the metal is in for a slow recovery this year, and is anticipated to average $11.00 per lb.
Outlook for moly in 2009 uncertain
Molybdenum prices took a considerable tumble in the fourth quarter of ’08, falling from USD 30 per pound in September 2008 to USD 9.50 at the end December 2008. Despite unprecedented demand for the metal, molybdenum prices crashed as crisis permeated the financial markets.
Lithic reports additional molybdenum assay results
Lithic Resources Ltd. Intersects 16.76 Metres of 0.432% MoS2 at Crypto skarn-hosted zinc-indium-copper-molybdenum project located in western Utah. For more details, click here For company’s website, click here
