General Moly’s Share Price Up on AMER International Deal

General Moly’s Share Price Up on AMER International Deal

The moly market saw some positive activity last week when US-based General Moly announced a "significant investment" and security purchase agreement with AMER International Group, a private multinational company based in China.

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Company News

Thompson Creek Records Q1 Moly Sales of 4.3 Million Pounds

Thompson Creek Metals Company Inc. (TSX:TCM,NYSE:TC) announced its production and sales results for 2015's first quarter, noting that its Mount Milligan mine produced 15.4 million pounds of payable copper and 46,100 ounces of gold.

American CuMo Mining: US Forest Service Supplemental Environmental Assessment Checks Another Box for CuMo Project

American CuMo Mining: US Forest Service Supplemental Environmental Assessment Checks Another Box for CuMo Project

American CuMo (TSXV:MLY) reported that the US Forest Service (USFS) has released its draft supplemental decision notice and finding of no significant impact and supplemental environmental assessment regarding the CuMo Exploration project. This reconfirms a 2011 decision from the forest service and paves the way for completion of the exploration phase of the company's Idaho asset.

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Company Videos

INN Video: Mark Premo of Avanti on the Coming Year at the Kitsault Mine

Avanti Mining Inc. (TSXV:AVT) COO, Mark Premo spoke with the Investing News Network about the company's flagship Kitsault project in BC. Mr. Premo comments on the recent award of a provincial environmental certificate, which enables the Company to move forward with the permitting process at the project.

Market News

Still No Comment from China on Removal of Moly Export Tax

Platts reported that although the May 2 deadline for China to remove its export restrictions on molybdenum is coming up fast, the Asian nation still hasn't said how it will respond to that requirement.

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