SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : The Molybdenum Discussion Board

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: molymoly who wrote (3243)8/16/2009 10:34:17 PM
From: hank2010   of 3267
 
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.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext