United States

NovaGold Shutters Rock Creek Mine

Vancouver — NovaGold Resources (NG-T, NG-x) shares plunged $1.48 to close at 72 after the company announced it was suspending production at its Rock Creek gold mine and that it wouldn’t be able to m…


Exploration Adit Proving Its Worth At Niblack

Vancouver — The first underground drilling program at Committee Bay Resources’ (CBR-V, CBYRF-o)Niblack project, on Prince of Wales Island in Alaska, returned strong intercepts that are sure to expand…






Freeport axes moly jobs and production

Vancouver — With the molybdenum price crashing, Freeport-Mc- MoRan Copper & Gold (FCX-n), the world’s largest moly producer, is slashing more than a hundred moly-related jobs, cutting production …





Ferromolybdenum smelting at Thompson Creek Metals' Langeloth metallurgical facility, 40 km west of Pittsburgh, Penn. Langeloth has a roasting capacity of 35 million lbs. of molybdenum per year.

Thompson Creek boasts stellar Q3

A sudden drop in molybdenum demand over the last few weeks has prompted Thompson Creek Metals (TCM-T, TC-n) to batten down the hatches.



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