Adanac CEO resigns

Canadian molybdenum hopeful Adanac Molybdenum has appointed director Paul Nelson as president and CEO, effective October 1, the company announced on Tuesday. He replaces Christopher Kirby, who has resigned “to pursue a new career opportunity”.

Adanac reports resource increase, permitting progress at Ruby Creek

Canadian molybdenum hopeful Adanac Molybdenum has updated the mineral resource estimate for its Ruby Creek deposit, in British Columbia, increasing the measured and indicated resources to 407-million pounds of contained molybdenum. Investors...