Luminex Resources Expedites Drilling at El Hito Copper-Molybdenum Porphyry Target

Luminex Resources expands Cascas Porphyry Copper-Molybdenum anomaly image

Luminex Resources announced the discovery of a porphyry copper-molybdenum porphyry target located 500 meters north of its El Hito property at its Condor project in southeast Ecuador. The target area is characterized by overlapping anomalies of >250 ppm copper and >10 ppm molybdenum as delineated by a recently completed soil survey.

Read more: Luminex Resources Expedites Drilling at El Hito Copper-Molybdenum Porphyry Target

Ecuador Copper Ridge Porphyry Shows excellent Copper and Molybdenum Results

Project of Titan Minerals image

Titan Minerals continues to show excellent copper (Cu) and coincident molybdenum (Mo) results from access sampling at its Linderos project in southern Ecuador. This work highlights a typical zonation anomaly, about 750 m in diameter, with a central core of Cu, Mo, and tungsten and a peripheral halo of selenium, tellurium, and bismuth.

Read more: Ecuador Copper Ridge Porphyry Shows excellent Copper and Molybdenum Results

Terbium Oxide Price - June 17, 2022

cerium oxide photo

China rare earth market was tepid in the week ended on Friday June 17, 2022. Due to the current weak market supply and demand, traders are not very motivated to trade, so it is difficult to update rare earth prices and transactions are slow. Currently, the prices of praseodymium neodymium oxide and terbium oxide are about 955,000 yuan/ton and 14,500 yuan/kg, respectively.

Read more: Terbium Oxide Price - June 17, 2022

China’s Tungsten Powder Price Continues to Decline in the Middle of June, 2022

tungsten ore photo

Analysis of latest tungsten market from Chinatungsten Online

China’s ammonium paratungstate (APT) and tungsten powder prices continue to decline in the middle of June, 2022. Recently, consumer coupons have been issued in many places, including 3C products and auto subsidies, which have boosted the vitality of the consumer market. It also coincides with the 618 online shopping festival and the overall consumption activity in the domestic market has increased. 

Read more: China’s Tungsten Powder Price Continues to Decline in the Middle of June, 2022

China Molybdenum Price - June 17, 2022

molybdenum sheet photo

China molybdenum price was in the upward trend in the week ended on Friday June 17, 2022, which is mainly reflected in the generally high sentiment of traders entering the market and the increase in transaction volume. 

Read more: China Molybdenum Price - June 17, 2022

 

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