General Moly steps up Mount Hope construction

Mar 08, 2013 | 02:40 PM | Daniel Fitzgerald

Tags  General Moly, Mount Hope project, molybdenum, Bruce Hansen, Liberty project, molybdenum, Daniel Fitzgerald

NEW YORK — General Moly Inc. is “moving aggressively” on construction of its Mount Hope molybdenum project this spring, it said as it posted full-year and quarterly net losses.
General Moly posted a comprehensive 2012 net loss of $9.9 million, down from a $14.8-million loss a year earlier. For the fourth quarter ended Dec. 31, the Lakewood, Colo., company’s net loss narrowed to $2 million from $2.9 million a year earlier. ....

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