Bloomberg reported that General Moly has suspended work supported on a $665 million loan on news that the creditor responsible for the loan has been detained in China, sending stock price tumbling yesterday. As quoted in the market report:
Stratton Resources Inc. announced updates for its on summer field programs conducted at its MAC, Lunar and Natlan projects, all in British Columbia.
General Moly Inc. (NYSE: GMO, TSX:GMO) announced that the U.S. Bureau of Land Management issued a Record of Decision authorizing development of the Mt. Hope Project.
Reuters reported that Royal Sapphire, which has an option to earn a 100% interest in the Lorn Property, which contains copper and moly mineralization, has begun trading on the TSXV.
General Moly (NYSE:GMO,TSX:GMO) announced its third quarter results.
Mineweb reported that Antofagasta Mining announced a production increase of 30.1 percent year-to-date, compared to last year, at their Los Pelambres operation in Chile's Coquimbo Region.
General Moly, Inc. (NYSE:GMO,TSX:GMO) announced that it has signed a $125 million subordinated debt facility, which will supplement a previously announced $665 million Chinese sourced term loan.
News.am reported that Golden Ore Company is hearing public comments on the development of the Hankavan Molybdenum Mine.
Woulfe Mining Corp. (TSXV:WOF,OTCQX:WFEMF) announced major steps forward for Woulfe in the development of its Sangdong tungsten/ molybdenum project, South Korea.
Avanti Mining Inc. (TSXV:AVT) announced that it has received approval for the Application Information Requirements of its Environmental Assessment for the Kitsault mine project in northern BC.
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