General Moly, Inc. (the "Company") (NYSE MKT and TSX: GMO), a U.S.-based molybdenum mineral development, exploration and mining company, announced its unaudited financial results for the third quarter ended September 30, 2013. Net income for the three months ended September 30, 2013 was $2.6 million ($0.03 per share), compared to a net loss of $2.1 [...]
General Moly, Inc. (the "Company") (NYSE MKT and TSX: GMO), a U.S.-based molybdenum mineral development, exploration and mining company, today announced that Chief Executive Officer Bruce D. Hansen will present at the John Tumazos Very Independent Research Metals & Mining Conference at 1:40pm (ET) on October 16, 2013. The conference will take place [...]
General Moly, Inc. (the "Company") (NYSE MKT and TSX: GMO), a U.S.-based molybdenum mineral development, exploration and mining company, announced that it has implemented a cost reduction program to preserve liquidity while actively pursuing financing options for the Mt. Hope Project. The Company will continue to maintain its permits in good [...]
General Moly, Inc. (the "Company") (NYSE MKT and TSX: GMO), a U.S.-based molybdenum mineral development, exploration and mining company, announced that on August 22, 2013 U.S. District Court Judge Robert C. Jones issued an Order denying, without prejudice, the Motion for Preliminary Injunction filed by Great Basin Resource Watch and the Western [...]
General Moly, Inc. (the "Company") (NYSE MKT and TSX: GMO), a U.S.-based molybdenum mineral development, exploration and mining company, announced that the Company and Hanlong (USA) Mining Investment, Inc. (“Hanlong”) have terminated the parties’ Securities Purchase Agreement (“Purchase Agreement”). In addition, a related stockholder agreement with [...]
General Moly, Inc. (the "Company") (NYSE MKT and TSX: GMO), a U.S.-based molybdenum mineral development, exploration and mining company, announced that Chief Executive Officer Bruce D. Hansen will present at the Jefferies Global Industrials Conference and Chief Financial Officer David A. Chaput will present at the Bank of America Merrill Lynch [...]
General Moly, Inc. (the "Company") (NYSE MKT and TSX: GMO), a U.S.-based molybdenum mineral development, exploration and mining company, announced its unaudited financial results for the second quarter ended June 30, 2013. Net loss for the three months ended June 30, 2013 was $14.3 million ($0.16 per share), compared to a loss of $2.7 million [...]
General Moly announced that it received approval for all proposals submitted to stockholders at its annual Meeting of Stockholders, which was held June 13, 2013 in Golden, Colorado. Stockholders supported the election of Bruce D. Hansen, Mark A. Lettes, and Nelson F. Chen to the Board of Directors, who will serve for a term of three years, and [...]
General Moly today announced that Chief Executive Officer Bruce D. Hansen will participate in the RBC Capital Markets’ Global Mining & Materials Conference on June 18, 2013. The conference will take place in Boston, MA. General Moly's presentation materials can be accessed in the Investor "Events & Presentations" section of the Company website at
General Moly provided an update on finance activities. On May 14, 2013, General Moly and Hanlong mutually agreed to terminate a $125 million subordinated loan agreement intended to supplement a $665 million Chinese sourced term loan for the financing of the Mt. Hope Project. The subordinated loan agreement, which would have become available upon [...]
General Moly, Inc. (the 'Company') (NYSE MKT and TSX: GMO), a U.S.-based molybdenum mineral development, exploration and mining company, announced its unaudited financial results for the first quarter ended March 31, 2013. Net loss for the three months ended March 31, 201 ...