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:
Articles Tagged "moly mining"
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.