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Molybdenum

Amerigo profit up on lower costs, reviews molybdenum production
Mining Weekly  May 9  Comment 
Canadian copper miner Amerigo Resources, which produces copper and molybdenum from tailings from the world's largest underground copper mine, Codelco's El Teniente mine, in Chile, on Thursday reported higher first-quarter profit, buoyed by lower...
Thompson Creek narrows Q1 profit despite production surge
Mining Weekly  May 9  Comment 
Molybdenum mine decision urged despite Nisga'a concerns
CBC.ca  Mar 15  Comment 
A Vancouver-based mining company says it has spent four years and $13 million shepherding the revival of a mothballed northwestern B.C. mine through the environmental review process, and there are no reasons for further delay.
Mineral Contamination Reflects Historical Changes To Earth's Geochemistry
Red Orbit  Mar 2  Comment 
redOrbit Staff & Wire Reports - Your Universe Online A new study focusing on the mineral molybdenite could provide new insight into the way that various geological and biological processes have resulted in changes to the Earth’s chemistry...
Thompson Creek posts $484.4-million loss on Endako mine charge
The Globe and Mail  Feb 25  Comment 
Company says writedown triggered by significant decline in price of molybdenum
Northcliff completes positive feasibility study for New Brunswick project
Mining Weekly  Jan 29  Comment 
Toronto-listed Northcliff Resources on Tuesday announced the results of a feasibility study for the Sisson project, located in Canada’s New Bruswick province, and confirmed the long‐life openpit tungsten and molybdenum development as a...
Panoro Minerals resumes exploration at Antilla operation
Mining Weekly  Jan 29  Comment 
Canada-based Panoro Minerals has completed the transfer of all assets from its former joint venture (JV) partner and resumed exploration activities at its 100%-owned Antilla copper and molybdenum project, in Peru.This followed confirmation of the...
China Moly shares vault higher in Shanghai debut
MarketWatch  Oct 9  Comment 
China Molybdenum vaulted higher in its Shanghai debut on Tuesday, with shares of the world's largest single producer of molybdenum rising more than two-fold from its initial public offering price, helped what may have been a weak pricing amid...
Thompson Creek retrenches at flagship Idaho mine
The Globe and Mail  Oct 4  Comment 
Decision to pare costs expected to help molybdenum miner diversify revenue base




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Molybdenum, which resembles lead and has a silvery luster, is used primarily as an alloy in steel. Molybdenum has one of the highest melting points of any metal on Earth (or elsewhere, as far as we know), and as such is used in steel alloys when performance and stability at extremely high temperatures is a must. The primary hedgers are therefore heavy-duty industrial manufacturers, specifically the makers of high-performance engines, such as jet engines and industrial motors.

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