Written by Bloomberg News, Reuters
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Tuesday, 11 April 2006 |
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Written by Phelps Dodge Corp.
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Wednesday, 05 April 2006 |
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Written by The Jordan Fund
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Wednesday, 05 April 2006 |
Win-Eldrich Mines Limited (WEX) is a junior traded on TSX Venture in Canada that will be producing moly within 1-2 months. The "secret" with this company is similar to Excellon (silver) in that they own a mine with very high grades. They have historical resources of 146,000 tons ore grading 2.9% moly and 1 million tons ore grading 1% moly, they have recently started to mine the 2.9% ore and will begin milling in May. They expect to be producing 100 tons per day by mid summer. Final permits are needed in order to mine more than 1000 tons and these are expected to be approved by May. There should be positive cashflow this summer and an annual profit of approximately 17 million CAD could be reached by July if moly prices stablilize at current levels. |
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Written by Wikipedia
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Thursday, 30 March 2006 |
Notable characteristicsMolybdenum is a transition metal. The pure metal is silvery white in color and very hard, and has one of the highest melting points of all pure elements. In small quantities, molybdenum is effective at hardening steel. Molybdenum is important in plant nutrition, and is found in certain enzymes, including xanthine oxidase. |
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Written by USGS
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Thursday, 30 March 2006 |
Molybdenum (Mo) is a refractory metallic element used principally as an alloying agent in steel, cast iron, and superalloys to enhance hardenability, strength, toughness, and wear and corrosion resistance. To achieve desired metallurgical properties, molybdenum, primarily in the form of molybdic oxide or ferromolybdenum, is frequently used in combination with or added to chromium, columbium (niobium), manganese, nickel, tungsten, or other alloy metals. The versatility of molybdenum in enhancing a variety of alloy properties has ensured it a significant role in contemporary industrial technology, which increasingly requires materials that are serviceable under high stress, expanded temperature ranges, and highly corrosive environments. Moreover, molybdenum finds significant usage as a refractory metal in numerous chemical applications, including catalysts, lubricants, and pigments. Few of molybdenum's uses have acceptable substitutions. |
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