LME will launch molybdenum and cobalt contracts second half 2009
The London Metal Exchange is to launch cobalt and moly futures contracts in the second half of 2009.
Mining News: MOLYBDENUM
Chinese molybdenum oxide prices fall on weaker demand
Chinese spot molybdenum oxide prices fell this week on weaker demand, with offers down to $33.45-33.70/lb on a CIF basis from $33.80-34/lb CIF last week, industry sources said. Despite weaker prices, export trade was inactive, dented by sluggish
TTM receives preliminary economic assessment for Chu Molybdenum project indicating a net present value of $1.04 billion
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TTM RECEIVES PRELIMINARY ECONOMIC ASSESSMENT FOR CHU MOLYBDENUM PROJECT
INDICATING A BASE CASE(US$20 per lb Mo) NET PRESENT VALUE OF
TTM receives preliminary economic assessment for Chu Molybdenum project indicating a net present value of $1.04 billion
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TTM RECEIVES PRELIMINARY ECONOMIC ASSESSMENT FOR CHU MOLYBDENUM PROJECT
INDICATING A BASE CASE(US$20 per lb Mo) NET PRESENT VALUE OF
Jasper Mining Corporation announces further high grade molybdenum and tungsten results from McFarlane property
Trading Symbol: JSP (TSX-V)
CALGARY, Aug. 28 /CNW/ - Jasper Mining Corporation (the “Company”) is
UPDATE 1-Chile July copper output down 5.5 pct vs year ago
(Adds molybdenum output) SANTIAGO, Aug 28 (Reuters) - Chile, which provides around a third of the world’s copper, produced 430,361 tonnes of the metal in July, down 5.5 percent from the same month last year, the government said Thursday. Output from
Colibri percussion drilling confirms and expands high grade molybdenum on Leon Project, core check assays show rhenium concentrations up to 2,830 ppb intersected over 2.0 m
VANCOUVER, Aug. 25 /CNW/ - Colibri Resource Corporation is pleased to
report results of new percussion drilling and analyses of rhenium from core
samples previously reported on the Leon Project, Sonora, Mexico.
U.S. Energy Corp. Signs Exploration Development and Mine Operating Agreement With Thompson Creek Metals Company Inc.
RIVERTON, Wyo., Aug. 19, 2008 (GLOBE NEWSWIRE) — U.S. Energy Corp. (”USE”) (NasdaqCM:USEG - News), a natural resources exploration and development company with interests in molybdenum, uranium, oil and gas, gold, and real estate, today announced that
Thompson Creek signs option agreement to acquire up to 75% of high-grade molybdenum deposit
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NYSE: TC
TSX: TCM, TCM.WT
U.S. Energy Corp. Signs Exploration Development and Mine Operating Agreement With Thompson Creek Metals Company Inc.
RIVERTON, Wyo., Aug. 19, 2008 (GLOBE NEWSWIRE) — U.S. Energy Corp. ("USE") (Nasdaq:USEG), a natural resources exploration and development company with interests in molybdenum, uranium, oil and gas, gold, and real estate, today announced that it has entered into a definitive Exploration, Development and Mine Operating Agreement for its Lucky Jack molybdenum property, located in Gunnison County, Colorado, with Thompson Creek Metals Company Inc. (TSX:TCM) (NYSE:TC), one of the world's largest publicly traded, pure molybdenum producers. Under the terms of the agreement, which are valued at up to $400 million, Thompson Creek has the right to earn up to a 75% interest in the project.
Galway Resources releases new resource estimates for the Victorio project
TORONTO, Aug. 19 /CNW/ - Galway Resources Ltd. (GWY: TSX-V) is pleased to
announce new resource estimates for the Victorio project, which is a
molybdenum tungsten project located in southern New Mexico. The new resource
MAX Resource Corp. - Drilling completed at Gold Hill molybdenum project; Drilling continues at Ravin molybdenum/tungsten property and Howell gold project
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TSX-V Symbol: MXR
OTC BB Symbol: MXROF
Galway Resources reports 40 feet of high grade mineralization at the Victorio project
TORONTO, Aug. 15 /CNW/ - Galway Resources Ltd. (GWY: TSX-V) is pleased to
announce more encouraging drilling results from the Victorio
molybdenum-tungsten project located in southern New Mexico. The 12-hole,
Central China Goldfields releases Nimu drill results
- Central China Goldfields plc (AIM: GGG) is pleased to report diamond drill hole GJ14 results from the 2008 round of drilling at the Gangjiang exploration licence area, Nimu Copper-Molybdenum Project (’Nimu’). Highlight: Hole GJ14 intersected 65.1
I-Star Provides More Details From Exploration Results, Discusses Plans for Next Phase of Exploration
SHREVEPORT, La., Aug. 13, 2008 (PRIME NEWSWIRE) — International Star, Inc. (I-Star) today provided additional details of the results obtained during recent mineral exploration activities on its Detrital Wash claim block in Mohave County, Arizona. In July, I-Star announced that assays performed by an Arizona registered and licensed lab on 252 geological samples recently collected from its mining claims in the Detrital Wash area support historical records obtained by I-Star of significant copper and molybdenum mineralization in both the Black Mountains and northern White Hills in the Detrital region. I-Star noted that the sampling and assays were part of its ongoing exploration work and its efforts to bring this historical data up to current National Instrument (NI) 43-101 industry standards.
ROCA - Drilling Intersects New Molybdenum Zone at MAX and Drilling Commences at Foremore VMS-Gold Project
ROK: TSX.V
VANCOUVER, Aug. 12 /CNW/ - Roca Mines Inc. (ROK: TSX-V) (”Roca” or “the
Avanti announces NI-43-101 resource at Kitsault
Vancouver, British Columbia: Avanti Mining Inc. (CNQ:AVMI) (’Avanti’) is pleased to announce a Canadian Institute of Mining, Metallurgy and Petroleum (CIM) compliant resource estimate for the Kitsault Molybdenum Mine, located in British Columbia. At a
UPDATE 3-Chile ups ‘08 copper price forecast to $3.70/lb
(Updates with molybdenum price forecast) By Pav Jordan SANTIAGO, July 31 (Reuters) - Chile state copper commission Cochilco on Thursday raised its average copper price forecast for 2008 to $3.70 per pound from $3.10/lb previously, citing a weak dollar
UPDATE 1-Chile June copper output up 2.5 pct yr/yr
(Adds molybdenum output figures) SANTIAGO, July 31 (Reuters) - Chile, which provides about a third of the world’s copper, produced 473,684 tonnes of the metal in June, up 2.5 percent from the same month last year, the government said on Thursday. Output
ROCA Reports Third Quarter Results
VANCOUVER, July 30 /CNW/ - Roca Mines Inc. (ROK: TSX-V) (”Roca” or “the
Company”) has released its financial results for the third quarter of 2008,
including production and sales from the MAX Molybdenum mine located in British
