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Western Copper and Gold Corp T.WRN

Alternate Symbol(s):  WRN

Metals & Mining Industrial Metals & Minerals
Western Copper and Gold Corporation is a Canada-based exploration stage company. The Company is engaged in developing the Casino Project. The Casino Project is a copper-gold mining project in Yukon, Canada. The Casino porphyry copper-gold-molybdenum deposit is located in west central Yukon, in the northwest trending Dawson Range mountains, approximately 300 kilometers (km) northwest of the territorial capital of Whitehorse. The Casino project is located on Crown land administered by the Yukon Government and is within the Selkirk First Nation traditional territory and the Tr’ondek Hwechin traditional territory lies to the north. The Casino Property lies within the Whitehorse Mining District and consists of approximately 1,136 full and partial Quartz Claims and 55 Placer Claims acquired in accordance with the Yukon Quartz Mining Act. The total area covered by Casino Quartz Claims is approximately 21,126.02 hectares (ha). The total area covered by Casino Placer Claims is 490.34 ha.


TSX:WRN - Post by User

Western Copper and Gold Corp > Moly
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Comment by Marine2on Jan 19, 2023 9:38am
138 Views
Post# 35232823

RE:RE:RE:RE:RE:RE:Moly

RE:RE:RE:RE:RE:RE:Moly Pinegrove

 You point out,

Moly is was 17% of total revenue.

Significant enough I will follow Molybdenum prices along with Copper and Gold !

Higher Molybdenum prices will reduce the cost of mining the Copper & Gold.


London Metal Exchange (LME) Molybdenum prices

 

Link>>  https://ycharts.com/indicators/molybdenum_spot_price

 

The London Metal Exchange (LME) is the world center for industrial metals trading. The LME offers contracts with daily expiry dates of up to three months. Market participants may also partake in weekly contracts of up to six months, and monthly contracts. It also allows for cash trading, offers worldwide reference pricing, hedging, and the option of physical delivery for settling contracts. Molybdenum futures are available for trading on the LME.

Movements or fluctuations in these stock prices bring shortages or gluts to the Molybdenum market. Drops in stocks often accompany an increase in price.

M2

 
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