Articles Tagged "general"

General Moly reported cash conservation efforts

General Moly declared plans to further conserve cash while retaining the ability to start construction at the Company’s 80% owned Mt. Hope project pending improvements in the molybdenum and capital markets. For full story, click here

General Moly to go ahead on Mt Hope despite slump

General Moly has sufficient cash to survive atleast through the third quarter of this year and can still build its Mt Hope mine in Nevada. General Moly said: It ended 2008 with an unaudited consolidated cash balance of USD 91 million, down from USD 121 million at the end of the third quarter. It added [...]