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Demand from Asian markets has boosted molybdenum over the past weeks, in spite of lagging North American demand. The strategic metal is currently trading in the range of $10.60 to $10.80 a pound, up from $10 to $10.50 a pound less than two weeks ago.

Monday, June 1, 2009
Moly prices have exhibited a gradual increase, recently surpassing $10.00 per lb. Miners are hoping the metal continues the trend, claiming a price minimum of $10.00 per lb is essential in order to turn a profit. Moly was trading at $33.50 per lb before the financial crisis sent a shockwave through the global economy.

Monday, May 18, 2009
As a minor metal, molybdenum is prone to rapid price fluctuations; in the past this had generated huge returns on investment. Molybdenum was one of the last metals to feel the effects of the economic downturn, but has failed to match the recovery experienced by many metals since the start of the New Year.

Thursday, April 16, 2009
Molybdenum miners may dramatically slash output in an effort to coax a rebound in the price of the alloying metal, priming the industry for a rapid price ascent when stainless steel demand rebounds.
Thu, Jun 25, 2009
Starting from July Agarak Copper-Molybdenum Combine will resume its production activities. Its operation was temporarily stopped in February of 2009. For full story, click here
Wed, Jun 24, 2009
MPH Ventures Corp. has provided an exploration update for three of it’s 100% owned properties, Raney, Geneva Lake and the Big Mac Projects situated in Northeastern Ontario. For full story, click here
Tue, Jun 23, 2009
It is declared that from January to May, Russian bauxite output raised by 2.9% compared with the same period last year. For full story, click here
Tue, Jun 23, 2009
Sultan Minerals Inc. declared that diamond drilling has resumed on its Jersey-Emerald Property in the Salmo area of British Columbia. For full story, click here
Thu, Jun 18, 2009
New molybdenum price forecasts from producers are looking for $11/lb average price for 2009, dip from $29 in 2008, but up from the first-half average of $9. For full story, click here

For upcoming molybdenum investing trade shows, see the following links: Cambridgehouse, IIC, Chicago Resource Expo
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.
MolyInvestingNews.com maintains a focus on Moly exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.
Moly Mines have completed a maiden resource estimate for the iron ore deposits at its Spinifex Ridge project in Western Australia.
For full story, click here
Wednesday, June 24, 2009
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