General Moly, Inc. (the "Company" or “General Moly”) (NYSE MKT: GMO)(TSX: GMO), a U.S.-based molybdenum mineral development, exploration, and mining company, announced an agreement with POS-Minerals Corporation, which owns a 20% interest in the Mt. Hope Project, to use restricted cash of up to $36 million held in a reserve account for the benefit [...]
General Moly, Inc. (the "Company" or “General Moly”) (NYSE MKT and TSX: GMO), a U.S.-based molybdenum mineral development, exploration, and mining company, announced that it has signed definitive agreements with a group of accredited investors related to a private placement of units, consisting of senior convertible notes and warrants, ("Private [...]
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 the Bank of America Merrill Lynch Canada Mining Conference: Jefferies Global Industrials [...]
General Moly, Inc. (the "Company") (NYSE MKT and TSX: GMO), a U.S.-based molybdenum mineral development, exploration and mining company, announced today the completion of an updated Pre-Feasibility Study (“PFS”) for its 100%-owned Liberty Project. This PFS, prepared by Independent Mining Consultants, Inc. (“IMC”) with capital estimates from M3 [...]
General Moly announced that it received approval for all proposals submitted to stockholders at its annual Meeting of Stockholders, which was held June 19, 2014 in Golden, Colorado. Stockholders supported the election of Patrick M. James, Gary A. Loving, and Gregory P. Raih to the Board of Directors, who will serve for a term of three years, and [...]
General Moly, Inc. (the "Company" or “General Moly”) (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, 2014. Net loss for the three months ended March 31, 2014 was $2.4 million ($0.03 per share), compared to a loss of [...]
General Moly, Inc. (the "Company" or “General Moly”) (NYSE MKT and TSX: GMO), a U.S.-based molybdenum mineral development, exploration, and mining company, announced the initiation of a NI 43-101 compliant Preliminary Economic Assessment ("PEA") on a starter pit project at the Company’s wholly-owned molybdenum-copper Liberty Project located [...]
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 9:45am (ET) on March 31, 2014. The conference will take place [...]
General Moly, Inc. (the "Company" or “General Moly”) (NYSE MKT and TSX: GMO), a U.S.-based molybdenum mineral development, exploration, and mining company, announced its audited financial results for the fourth quarter and full year ended December 31, 2013. Net loss for the three months ending December 31, 2013 was $1.6 million ($0.02 per share [...]
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 filed a technical report (the “Report”) prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects of the Canadian Securities Administration (“NI [...]
General Moly, Inc. (the "Company") (NYSE MKT: GMO)(TSX: GMO), a U.S.-based molybdenum mineral development, exploration and mining company, announced that effective December 31, 2013, R. David Russell, Richard F. Nanna and Andrew G. Sharkey III, will retire from the General Moly Board of Directors. Director Russell has served on the Board since [...]
General Moly, Inc. (the "Company") (NYSE MKT and TSX: GMO), a U.S.-based molybdenum mineral development, exploration and mining company, announced an updated operating cost estimate and project economics for the Mt. Hope Project in Eureka County, Nevada. Bruce D. Hansen, Chief Executive Officer of General Moly, said, “We have enhanced the [...]