North of 60 Mining News - The mining newspaper for Alaska and Canada's North

Pebble Partnership copper gold molybdenum mine project Alaska Northern Dynasty NAK NDM

By Rose Ragsdale
Mining News Contributing Writer 

Moly adds cool gleam to Pebble's hot prospects

Not only are gold and copper fetching good prices, but demand for gray metal drives cyclical market in small mining niche

 

Last updated 3/27/2005 at Noon



Current market conditions favor the three metals uncovered in the Pebble project operated by Northern Dynasty Minerals Ltd. in southwestern Alaska. Not only are gold and copper fetching good prices, but a recent run-up in molybdenum prices could deliver a nice bonus for the project.

Little known metal makes big contributions

Molybdenum, pronounced "meh-LIB-deh-nem," is mainly a byproduct of c...



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