Proactive investorsLogo Proactive Investors UK Website

Search field

1 year chart

digital-look imported chart image

1 day chart

digital-look imported chart image
Epic & Msn data
Epic THR
Time: 16:30:20
Mid Price: 1.00
Change Today: 0.00
Change % Today: 0.00
Fifty Two Week High: 2.50
Fifty Two Week Low: 0.88
Market Capital: 2.33
Period & price data
Period Price
Now: 1.00
3 Months ago: 1.75
6 Months ago:
1 Year ago: 1.13
Additional information
Additional Information
Market: AIM
Sector: General Mining
Epic: THR
News: Latest news
Web Site: Thor Mining
Other Articles: 27-01-201014-01-201020-11-2009

RSS - Subscribe to the News Today on Proactive UK ▼

Tuesday February 09, 07:53Mediterranean Oil & Gas doubles proven and probable reserves for Ombrina Mare to 40 mmbbls

The good news gave a welcome boost to the group's share price, sending the stock up nearly 15 percent in early trade.

FULL ARTICLE ►

RSS - Subscribe to the News Today on Proactive NA ▼

Monday February 08, 09:33Tethys Petroleum achieves flow rates of over 5,400 bopd at AKD01 discovery in Kazakhstan

Current mapping indicates that the AKD01 well is in a downdip location on the prospect Doris with approximately 56 metres of elevation updip of the well, potentially bringing the entire lower reservoir into the oil zone.

FULL ARTICLE ►

RSS - Subscribe to the News Today on Proactive CN ▼

Tuesday February 09, 01:53Chindex International reports increasing medical and healthcare revenues

Healthcare products and services group Chindex International (NASDAQ: CHDX) reported increasing revenues as it continued to expand its operations in the People’s Republic of China (PRC).

FULL ARTICLE ►
Thor Mining

Thor Mining

Thor Mining PLC, AIM|ASX: THR is a specialty minerals exploration and development company focused on dvancing tungsten, molybdenum and uranium projects. The flagship project is the Molyhil Tungsten-Molybdenum Project.  Since mid 2004 Molyhil has been the subject of systematic test work comprised of geophysical exploration, a diamond and RC drilling programme, surface and underground bulk sampling, metallurgical test work and a geotechnical study.

Subsequent to the completion of the updated resource statement, and the Scoping Study, Thor completed a Definitive Feasibility Study in November 2006 which confirmed that the project is technically and economically viable, with strong financial returns and rapid capital payback. Thor has also acquired a number of project areas in the Northern Territory of Australia with prospectivity for uranium mineralisation.

CLICK HERE FOR FULL ANLAYSIS OF THOR MINING
Friday, November 20, 2009

Thor Mining scales back Molyhil project

company news image

Dual-listed Thor Mining (AIM, ASX: THR) has advised it will scale back activities on the company’s flagship Molyhil Project due to the continued weakness in international markets for molybdenum.

In a statement, the company said While the price for molybdenum, in particular, improved strongly during the middle part of this year, it has since weakened again.

At the time of writing the price for molybdenum roasted concentrates, as published in “Metal Pages”, is US$11.80/lb compared with a published price of US$34.00/lb in September 2008.

In addition the weakness in the United States dollar this year has further impacted on the Molyhil’s economics.

The company said the Directors remain committed to Molyhil and strongly believe in its long term viability.  Steps have been taken to conserve cash levels.

These included cessation of work with third party engineering companies on verifying capital and operating cost savings for the Molyhil Project and a 50% reduction in directors remuneration and the redundancy of Chief Executive Officer Ian Sheffield-Parker.  Executive chairman, Mick Billing will undertake this role in the interim.

AddThis Feed Button
Register here to be notified of future Thor Mining articles.

Other Thor Mining articles


Other Thor Mining news

More news ►

Investors interested in Thor Mining recently viewed


No investment advice

The Company is a publisher and is not registered with or authorised by the Financial Services Authority (FSA). You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.