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General Moly gains latest permit

Keywords: Tags  General Moly, NDEP, Bruce Hansen, molybdenum, reclamation permit

NEW YORK — General Moly Inc. has received a reclamation permit for its Mount Hope molybdenum project from the Nevada Division of Environmental Protection, the company said Wednesday.

The only permit now left outstanding before construction can begin is a water pollution control permit, which falls under the same agency’s jurisdiction (, Nov. 19).

The department “continues to make progress finalizing the water pollution control permit,” Bruce Hansen, chief executive officer of the Lakewood, Colo.-based miner, said in a statement.

The reclamation permit authorizes surface disturbance and construction of facilities and approves reclamation costs for Mount Hope’s post-mining land use of $73 million, according to the statement.

The mine is expected to produce 40 million pounds of molybdenum annually.

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