[Ferro-Alloys.com]Overseas moly oxide price dropped to USD-/lbMo before summer vacations.

[Ferro-Alloys.com]Chinese FeMo offer dropped to RMB-/mt by acceptance.

tight supply of silicon metal existed even until the end of June 2014 in China. Producers said their businesses were hot recently and it was very hard to procure spot silicon metal for export order due to quite tight supply.

Molybdenum prices kept falling on Friday June 27 as “panicking” traders liquidated stocks.

Gabonese State-owned mining company Société Equatoriale des Mines (SEM) and Dubai-based group Navodaya Trading DMCC (NTDMCC) have announced a joint-venture (JV) partnership to explore and develop the manganese deposit in Okondja, in eastern Gabon.

Low capacity utilization of two subsidiaries of State-owned IDCOL (Industrial Development Corporation of Odisha Limited) has resulted in production loss of `134 crore during 2008-2013.

Premier African Metals (LON:PREM) will now focus on its RHS tungsten project in Zimbabwe, while the viability of a pilot plant at its Zulu pegmatite deposit is also under study.

TSX-V-listed project developer Avanti Mining said it had started construction of its C$812-million Kitsault molybdenum mine, a significant past-producing mine, located in northern British Columbia.