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.
Vancouver’s Adanac Molybdenum Corp. declared a 38% surge in contained molybdenum at its Ruby Creek pre-development project near Atlin. For full story, click here
Adanac Molybdenum declared that it has lost 15% Friday on volume of 4,933,872, which was almost seven times its three-month average 712,276, to end the day at $0.09. For full story, click here
Adanac Molybdenum Corp. announced that it has updated its mineral resource estimate for its Ruby Creek molybdenum deposit located in northern British Columbia, Canada. Christopher C. Kirby, president and chief executive officer, said: This new resource estimate represents an increase of 38% of contained molybdenum in the measured and indicated classification over the prior estimate [...]
Wednesday, September 22, 2010