General Moly eyes rise in Mount Hope costs

Dec 05, 2013 | 05:47 PM | Daniel Fitzgerald

Tags  General Moly, Bruce Hansen, molybdenum, Mount Hope, financing, cash costs, Daniel Fitzgerald

NEW YORK — General Moly Inc. has raised its forecast for operating costs at its Mount Hope molybdenum project in Nevada.

Direct operating costs for the Mount Hope Project over the first full five years of operation are expected to average $6.28 per pound, which will ramp up to an average of $6.86 per pound over the first 10 years.....

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