ROCA Announces Financial Year End Results
ROCA Mines Inc. (TSXV:ROK) announced its year-end financial results.
ROCA Mines Inc. (TSXV:ROK) announced its year-end financial results.
Canadian Mining Journal reported that Roca Mines (TSXV:ROK) has halted production at the MAX moly mine, seeking higher grades and a larger operation.
The Mining industry is complex and dangerous. Not only because of geological hazards, but also from the pitfalls associated with running a multi-national business. Like any economic sector, it has its up and downs.
Molybdenum exploration in Canada is heating up along with demand for the metal. Miners are looking to take advantage of China's appetite for steel, for which moly is a vital ingredient. This article is a guide to some of the promising molybdenum projects underway in Canada.
New uses for molybdenum in renewable energy sources may bring a new lucrative market for the metal. Used as a substitute for cost prohibitive platinum, moly is being used in the generation of Hydrogen gas. Also, the Sichaun Hanlong-Moly Mines deal grows as Hanlong commits up to $5 billion for infrastructure projects in Australia.
New challenges for Northern Dynasty’s Pebble Mine in Alaska, and the environmental impacts on the largest remaining Sockeye Salmon fishery. If the project makes it through the permitting process, Zale Corp. and twenty other jewelry companies are calling for a boycott of metals from the project. Also, BC miner Roca Mines Inc. has received an ‘Award for Mining and Sustainability’ from the provincial government for its MAX Molybdenum Mine.
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