Moly Mines Limited (TSX:MOL,ASX:MOL) updates on progress toward the completion of the US$500M financing facility for the Spinifex Ridge Molybdenum Project.
Continue reading "Moly Mines Spinifex Ridge Molybdenum Project Financing Update"
Wednesday, October 27, 2010
International PBX Ventures Ltd. (CVE:PBX) reports that the company will raise $2,500,000 by way of a non-brokered private placement of ten million units at a price of $0.25 per unit, subject to TSX Venture Exchange approval.
Continue reading "PBX Announces Private Placement"
Tuesday, October 26, 2010
Teck Resources Limited (TSE: TCK.B, NYSE: TCK) reports quarterly earnings of $467 million, or $0.79 per share, for the third quarter of 2010.
Continue reading "Teck Reports Third Quarter Results for 2010"
Thursday, March 12, 2009
Velocity Minerals Ltd., a company dedicated to the acquisition and development of advanced or high grade molybdenum mineral properties. Velocity presently owns the mineral rights to two molybdenum projects in northern British Columbia (Mt. Haskin and Cassiar Moly) and is actively pursuing other properties in North America and internationally.
Continue reading "Velocity Minerals – Historic High Grade Moly"
Wednesday, March 4, 2009
In true Western entrepreneurial spirit, Hi Ho Silver’s experienced managerial team is dedicated to establishing strategic relationships with industry leaders. Minimizing risk, while maximizing opportunities for success will provide investors with astable platform for investment in the mineral exploration field.
Continue reading "Hi Ho Silver – Focused on Moly & Silver Exploration"
Monday, March 2, 2009
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.
Continue reading "Joint ventures necessary for survival"
Monday, February 9, 2009
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.
Continue reading "Outlook for moly in 2009 uncertain"
Tuesday, January 13, 2009
In April 2007, when the Sprott molybdenum fund was created, the minor metal was on a fast track. When the fund was created the metal was trading consistently at US $25 per lb; after the ETF was up and running moly cruised to US $ 40 per lb.
Continue reading "Sign of the times, molybdenum ETF liquidates"
Monday, December 15, 2008
Slower Chinese buying impacted Ferro-molybdenum prices between last Wednesday and Friday; however, the US’s proposed $136 Billion infrastructure spending plan capped the downside. Western-grade Ferro-molybdenum fell to $24.50-26.50 per kg from $26-28 per kg previously, with the bulk of material sold towards the low end of the range.
Continue reading "New pipelines will spell success for moly"
Sunday, September 28, 2008
Molybdenum exploration has been on a fast track this year, as a shortage in supply and an increase in demand have pushed prices of the alloying metal up and up. Until recently, moly has held stable despite all the challenges on Wall Street.
Continue reading "Moly finally hit by market fluctuations"
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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Wednesday, December 29, 2010