Focusing on Moly in B.C – Drilling On Lone Pine Property Has Shown High Grades of Moly.

NI 43-01 Resource: Measured + Indicated 110,340,000 tonnes Grading 0.083% Molybdenum

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Message: Mining companies just waiting for market to turn

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Re: Mining companies just waiting for market to turn

in response to Re: Mining companies just waiting for market to turn by trader4ever

posted on Feb 24, 09 06:37AM

Interesting out of Cochilco......

"With respect to Chile, after a fall of 25 percent in production in 2008 versus 2007, there will be a recovery, with output reaching 40,000 tonnes in 2009, or 19 percent more than last year," Cochilco said.

The rise will come amid higher output at several divisions of Codelco, the world's second-largest producer of the metal, and the Pelambres, Sur Andes and Collahuasi mines, where molybdenum is produced as a by-product.

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