Mount Hope financing options eyed

Mar 21, 2013 | 01:47 PM | Daniel Fitzgerald

Tags  General Moly, Mount Hope project, Bruce Hansen, Sichuan Hanlong, China Development Bank, Liu Han, Daniel Fitzgerald

CARLSBAD, Calif. — General Moly Inc. is considering financing alternatives for its Mount Hope project after negotiations with China Development Bank (CDB) and Sichuan Hanlong (Group) Co. Ltd. over a $665-million loan were suspended following the reported detention of Sichuan Hanlong chairman Liu Han.

Liu is being detained in Beijing for undisclosed reasons while his family is said to be in police custody in Sichuan province, according to reports from Chinese and Australian news outlets.....

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