We applied mechanical alloying process by ball milling to produce molybdenum silicides $MoSi_2$ and $Mo_5Si_3$ using a mixture of elemental molybdenum and silicon powders at room temperature. The intermetallic compound MoSi$_3$ have been obtained by ball milling of $Mo_{33}Si_{67}$ mixture powders for 100 h, which is transformed to single $MoSi_2$ phase by subsequent heat treatment up to $725^{circ}C$. The grain size of the $MoSi_2$ powders thus obtained was 19 nm, being approximately four times smaller than that of the commercial alloy. The intermetallic compound $MoSi_2$ with grain size of 30 nm have been also obtained by ball milling of $Mo_{62}Si_{38}$ mixture powders for 500 h, which is transformed to single $MoSi_2$ phase by heating up to $1000^{circ}C$. We believe that the retarded ball milling time for the formation of $MoSi_2$ phase is attributed to its complicated crystal structure and large unit cell. The finer grain size in the ball-milled molybdenum silicides powders is expected to improve room-temperature mechanical properties for high-temperature structural materials.