|reprint from Dave's tiger board|
I used to subscribe to a base metals service, but find prices quoted on TCM website www.thompsoncreekmetals.com just as good or better. TCM has Platts weekly (Fridays - current $18.00) and Ryan's notes twice weekly (Wed and Fri- current $17.25).
Bloomberg supplies quotes bloomberg.com (change on Wed. and Fri. current $18.50)
Moly is quoted in dollars per pound of contained Mo in MoO3 concentrate. Minimum specs are:
Mo 50 % min
Zn 0.05 % max
Pb 0.05 % max
Insol 6.0 % max
Oil + H2O 8.0 % max
Ca 0.5% max
Bi 0.05 % max
P 0.05 % max
As 0.05 % max
W 0.05 % max
Sb 0.05 % max
Cu 0.5% min.
The quoted prices are for a minimum of 60% Mo. lower quantities of Mo in con will still be purchased but at a discount. Remember to subtract roaster charges $2 per pound ??? and transportation.
I have seen some juniors publishing prices of their resource reflecting $ per lb of MoO3. This is incorrect.
Ferro-moly pricing I do not know much about, but you would not be producing ferro-moly at your Quebec property anyways.