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THE RESOURCEX INVESTOR

The Resourcex Investor delivers stock market news and investing news about the junior resource companies we believe most likely to succeed. Every month, tens of thousands of investors like you choose Resourcex for stock tips and advice on investing in the stock market. See our updated track record here.

Molybdenum mine restart delayed
BY CATHY PROCTOR  Nov, 10th
The economic crisis has deferred the reopening of the Climax molybdenum mine near Leadville in Colorado’s Rocky Mountains and led to 25 percent cuts in annual production at the Henderson mine.read more...

Freeport cuts molybdenum output, may cut copper
BY EUAN ROCHA  Nov, 10th
Freeport-McMoRan Copper & Gold Inc (FCX.N: Quote, Profile, Research, Stock Buzz) said on Monday it would cut molybdenum production and may cut output of copper due to weak demand and prices, but its shares rose after China announced a huge stimulus package.read more...

Consumers fear LME cobalt/moly volatility
BY PRATIMA DESAI  Oct, 27th
The London Metal Exchange is trying to extend its reach into the world of minor metals with contracts for cobalt and molybdenum, but success depends to an extent on consumers. This is because they fear the price volatility of the contracts due to start trading in the second half of 2009.read more...



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