Industrial/Specialty Minerals

Sprott Moly Closes $189M IPO

Vancouver — Sprott Molybdenum Participation (MLY-T) closed a highly successful initial public offering (IPO) to raise gross proceeds of $189 million on the sale of 37.8 million units at $5.00 apiece.


Tenajon Acquires Newfoundland Moly Project

Vancouver — Believing it has the potential to host a sizable molybdenum deposit, Tenajon Resources (TJS-V, TJRUF-O) has struck a deal to acquire the Moly Brook property on the southern coast of Newfo…


A map showing the location of Tenke Fungurume in the Democratic Republic of the Congo.

Lundin to Absorb Tenke

Vancouver — Advancing its plan to become a major international mining house, Lundin Mining (LUN-T, LMC-X) has tabled a $1.4-billion all-stock deal to acquire sister company Tenke Mining (TNK-T, TNKDF…




MetalCORP adds moly to the mix

Thanks to a little sleuthing through old company and government files plus a bit of follow-up sampling, MetalCORP (…



Quadra eyeing moly production in Greenland

Vancouver — Eyeing molybdenum production in Greenland, Quadra Mining (QUA-T, QADMF-O) is launching a $34-million takeover bid for International Molybdenum (IMY-L), after securing the backing of the E…


Georgia soars on Mexican moly plans (April 16, 2007)

Vancouver — News of Georgia Ventures’ (GVI-V, GGVTF-O) plans to acquire the Creston molybdenum deposit in Sonora state, Mexico, sent the junior’s stock soaring recently, as much as 200% on strong tra…


Goldrea, Molycor rally on old moly results

Vancouver — Sister companies and joint-venture partners Goldrea Resources (GOR-V, GORAF-O) and Molycor Gold (MOR-V, MLYFF-O) fired up investors after dusting off some past drill results from a couple…




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