Molybdenum

NMC Resource Corporation (CVE:NRC) announced that the Company has recorded a profit for the three months ended June 30, 2010.

NMC Resource Corporation (TSXV:NRC) announced that the Company has recorded a profit for the three months ended June 30, 2010.

The press release is quoted as saying:

During the Second Quarter, the Company started commercial production of its molybdenum mill (the “Moland Mine”) at the Company’s Moland molybdenum property (the “Property”) in South Korea, selling 118,300 pounds of molybdenum out of 199,827 pounds of molybdenum produced. From the mine operations, the Company recorded $356,624 earnings and $23,965 as net earnings during the first quarter of commercial production. The cash cost for the Second Quarter was US$7.23/lb (CA$7.48/lb).

Click here to access the entire press release

Click here to access NMC Resource Corporation Corporate Site

MARKETS

Markets
TSX18866.03+270.41
TSXV604.46+7.26
DOW31545.02+472.41
S&P 5003899.05+68.20
NASD11587.86+227.81
ASX6687.10+81.50

COMMODITIES

Commodities
Gold1713.83+5.78
Silver18.82+0.11
Copper3.29-0.06
Palladium1868.00+14.00
Platinum877.00+14.00
Oil102.39-0.21
Heating Oil3.55-0.04
Natural Gas7.30-0.18

DOWNLOAD FREE REPORTS

×